How Much Do You Need to Make to Live Your Best Life?

By Arkansas Next staff on Monday, October 15, 2018

Thinking about finances can be overwhelming, especially if you’ve never lived on your own.

But it’s important to think about the lifestyle you want in the future. Knowing how much money you need to do and buy things you want can help you decide what career to pursue. The Arkansas Department of Workforce Services created a handy lifestyle calculator specifically for Arkansas residents. This calculator can tell you exactly how much you need to make to live your best lives — and also gives a reality check about how much things like internet bills and rent actually cost!

Real Life Calculator
Your Monthly Expenses in Little Rock
Housing $673
Utilities $307
Food $400
Transportation $420
Clothes $150
Health Care $94
Personal $50
Entertainment $50
Misc $100
Savings $214
Student Loan Debt $89
Monthly Expenses $2,547
Annual Expenses $30,569
Taxes (21% of Annual Expenses) $6,419
Annual Salary Needed $36,988

SEE FOR YOURSELF: Create your own sample monthy budget – based on the lifestyle and degree you want – to see if you will actually be able to afford the life you're picturing!


What They Pay

IF YOU WANT TO BE A ___________________ IN ARKANSAS, YOU'LL MAKE $_________.
Accountants $66,260
Agricultural & Food Science Technicians $39,400
Aircraft Mechanics & Service Technician $47,640
Airline Pilots $89,030
Animal Trainers $27,240
Applications Software Developers $87,500
Architects $67,980
Art Directors $66,960
Artists (Fine Arts) $23,480
Athletic Trainers $39,040
Auto Body Repairers $39,400
Bakers $23,730
Biomedical Engineers $64,930
Business Professors $87,510
Butchers $27,460
Carpenters $34,580
Chefs & Head Cooks $41,180
Chemists $74,710
Chiropractors $57,010
Civil Engineers $81,790
Coaches & Scouts $46,510
Computer Programmers $69,520
Conservation Scientists $55,890
Construction Managers $76,480
Correctional Officers $33,810
Court Reporters $44,420
Dental Hygienists $68,580
Detectives & Criminal Investigators $58,690
Dietitians & Nutritionists $55,060
Economists $68,830
Editors $48,920
Electrical Engineers $84,860
Electricians $44,030
Elementary School Teachers $48,110
EMTs & Paramedics $29,850
Environmental Engineers $91,980
Farmers & Ranchers $82,810
Film & Video Editors $45,680
Financial Analysts $73,210
Financial Managers $100,370
Firefighters $37,010
Floral Designers $24,310
Food Scientists & Technologists $83,110
Food Service Managers $49,110
Forensic Science Technicians $39,830
Funeral Directors & Undertakers $42,550
Graphic Designers $42,090
Hairdressers, Hairstylists & Cosmetologists $26,340
High School Teachers $48,640
High School Special Ed Teachers $38,670
History Professors $81,180
Home Appliance Repairers $33,570
Home Health Aides $21,370
Hotel & Resort Desk Clerks $20,010
Human Resources Specialists $56,420
Information Security Analyst $83,070
Insurance Sales Agents $59,890
Interior Designers $60,450
Interpreters & Translators $35,280
Janitors & Cleaners $22,670
Kindergarten Teacher $46,310
Landscape Architects $58,350
Legal Secretaries $34,610
Librarians $52,630
Machinists $40,610
Massage Therapists $43,150
Mechanical Engineers $74,330
Microbiologists $74,640
Middle School Teachers $49,130
Multimedia Artists & Animators $52,390
Nuclear Medicine Technologists $72,240
Nurse Practitioners $95,230
Occupational Therapists $79,220
Personal Financial Advisers $103,880
Pest Control Workers $31,630
Photographers $30,440
Physical Therapists $80,690
Physician Assistants $82,050
Police & Sheriff's Patrol Officers $38,450
Police, Fire & Ambulance Dispatchers $28,720
Political Science Professors $83,280
Postal Service Clerks $45,760
Power Plant Operators $80,780
Preschool Teachers $32,290
Private Detectives & Investigators $42,870
Proofreaders & Copy Editors $39,390
Psychologists $82,480
Public Relations Specialists $57,700
Radiation Therapists $70,610
Radio & Television Announcers $27,180
Radiologic & MRI Technologists $47,890
Real Estate Sales Agents $41,660
Registered Nurses $58,810
Reporters & Correspondents $32,080
Secretaries & Administrative Assistants $30,020
Security Guards $26,820
Social Workers $47,660
Sound Engineering Technicians $44,970
Speech-Language Pathologists $76,650
Statisticians $76,050
Tax Examiners & Collectors $53,450
Taxi Drivers & Chauffeurs $22,620
Technical Writers $54,250
Travel Agents $34,360
Veterinarians $69,130
Waiters & Waitresses $20,270
Web Developers $51,370
Welders $39,720
Writers & Authors $48,380
Zoologists & Wildlife Biologists $52,460

The Top 25 Highest-Paying Occupations in Arkansas

1 Internists, General $247,280
2 Obstetricians & Gynecologists $235,130
3 Family & General Practitioners $222,460
4 Dentists, All Other Specialists $212,970
5 Pediatricians, General $183,080
6 Podiatrists $182,120
7 Physicians & Surgeons, All Other $180,350
8 Anesthesiologists $178,850
9 Dentists, General $170,440
10 Nurse Anesthetists $161,690
11 Psychiatrists $161,620
12 Marketing Managers $147,370
13 Advertising & Promotions Managers $145,680
14 Health Specialties Teachers, Postsecondary $142,340
15 Chief Executives $130,630
16 Pharmacists $117,670
17 Architectural & Engineering Managers $116,720
18 Law Teachers, Postsecondary $114,820
19 Transportation, Storage & Distribution Managers $113,580
20 Actuaries $112,920
21 Sales Managers $112,380
22 Purchasing Managers $111,450
23 Computer & Information Systems Managers $111,410
24 Judges, Magistrate Judges & Magistrates $111,000
25 Compensation & Benefits Managers $110,000