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Aerospace Engineers Salary in Alaska: Cost of Living Adjusted (2024)

What does a Aerospace Engineers salary really buy you in Alaska?

Alaska is 2.0% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$100,610
Median annual (2024)
-2.0%
Real Purchasing Power
$98,637
COL-adjusted (RPP=102.0)

Alaska Cost of Living Index

Alaska's Regional Price Parity (RPP) is 102.0, meaning prices are 2.0% higher the national average. A Aerospace Engineers earning $100,610 in Alaska has the equivalent purchasing power of $98,637 in an average-cost US state.

AK: 102.0
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Alaska's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $79,990 $78,421 $-1,568
25th Percentile (P25) $85,380 $83,705 $-1,674
Median (P50) $100,610 $98,637 $-1,972
75th Percentile (P75) $110,850 $108,676 $-2,173
90th Percentile (P90) $174,430 $171,009 $-3,420
Key Insight

Alaska's cost of living is close to the national average, so $100,610 keeps most of its value at $98,637 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Aerospace Engineers (After Cost of Living)

Where does Aerospace Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$169,694
RPP 88.4
$153,593
RPP 91.0
3. Alabama
$151,571
RPP 87.8
$151,422
RPP 97.7
$150,685
RPP 105.0
6. Georgia
$149,175
RPP 95.8
$148,162
RPP 102.3
8. Ohio
$146,699
RPP 91.5
$144,444
RPP 109.8
$140,833
RPP 93.6

Alaska ranks #39 out of 41 states for Aerospace Engineers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Aerospace Engineers in Alaska after cost of living?

A Aerospace Engineers in Alaska earns a median salary of $100,610 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $98,637 — a -2.0% difference.

Is Alaska expensive to live in?

Alaska's cost of living is 2.0% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Alaska is 102.0 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Aerospace Engineers in Alaska: $100,610 x (100 / 102.0) = $98,637. This represents what the salary would be worth in a state with average living costs.

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