JUNEAU, Alaska — The Alaska minimum wage will increase from $10.19 to $10.34 effective Jan. 1, 2021. Voters passed a ballot initiative in 2014 to adjust the minimum wage annually for inflation.
Living Wage Calculation for Alaska
|1 ADULT||2 ADULTS (BOTH WORKING)|
|0 Children||2 Children|
A minimum of three months living expenses, and preferably six months or more, is recommended if you are moving to Alaska without a job. Based on the figures above for professionals, that comes to a minimum of $7,500.
Detailed List Of Highest Paying Jobs In Alaska
|Rank||Job Title||Average Salary|
|1||Physicians, All Other; And Ophthalmologists, Except Pediatric||$258,550|
|2||Family Medicine Physicians||$254,270|
Cost of Living in Anchorage
|Milk (regular), (1 gallon )||3.87$|
|Loaf of Fresh White Bread (1 lb)||3.57$|
|Rice (white), (1 lb)||3.14$|
|Eggs (regular) (12)||3.08$|
The easy answer is that Alaska is big and sparsely populated, access to many places is difficult and it’s far from places where goods are manufactured. Shipping is, therefore, expensive , and it drives up the costs of everything from gasoline to lumber to finished consumer goods. Hence, everything is more expensive .
Alaska is the land of opportunity! The Last Frontier is a resource-rich state with a diverse array of government jobs and positions in the health care, transportation, oil, mining, timber and fishing industries. Summer seasonal work is easy to find.
The 4 Most Affordable Cities in Alaska Juneau . Only accessible by boat or plane, Alaska’s capital city is also the most affordable place to live in the entire state. Anchorage . More than 40 percent of Alaska’s entire population lives in Anchorage . Fairbanks . Badger (CDP)
Alaska Average While ZipRecruiter is seeing salaries as high as $135,609 and as low as $20,441, the majority of Average salaries currently range between $49,357 (25th percentile) to $73,787 (75th percentile) with top earners (90th percentile) making $89,741 annually in Alaska .
Fueling Your Adventures: The Cost of Groceries in Alaska
|Item||Anchorage, AK||Portland, OR|
|1 quart of milk||$1.07||$0.93|
|12 eggs, large||$4.50||$3.47|
|2L bottle of Coke||$2.33||$1.98|
|4 rolls of toilet paper||$4.31||$3.37|
As far as rent goes, Alaska is ever so slightly cheaper than the U.S. as a whole. According to Apartment List’s 2019 report, the median rent for a studio and one bedroom apartment in Alaska is $17 and $21 cheaper than the national median, respectively. The state is mostly made up of homeowners, though.
What is the cheapest way to move to Alaska ? U-Pack is one of the fastest, easiest and most affordable ways to move to Alaska . Many find it a great value because the price includes moving equipment, fuel, transportation, and liability coverage.
Alaskan wages were about 24 percent above comparable mainland averages. All sampled occupational groups in Alaska earned above the mainland average.
Black 3.6% Asian 5.4% (4.4% Filipino, 0.3% Chinese, 0.2% Laotian, 0.2% Japanese, 0.1% Indian, 0.1% Vietnamese, 0.1% Thai)
Livability.com rated Alaska’s largest city as America’s best to live in during the winter. The same website rated Anchorage 91st overall for livability among U.S. towns.