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Economists Salary in Alaska: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Economists salary really buy you in Alaska?

Alaska is 2.0% pricier than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$111,040
Median annual (2025)
-2.0%
Real Purchasing Power
$108,862
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 Economists earning $111,040 in Alaska has the equivalent purchasing power of $108,862 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) $80,110 $78,539 $-1,570
25th Percentile (P25) $90,530 $88,754 $-1,775
Median (P50) $111,040 $108,862 $-2,177
75th Percentile (P75) $141,090 $138,323 $-2,766
90th Percentile (P90) $141,270 $138,500 $-2,770
Key Insight

Alaska's cost of living is close to the national average, so $111,040 keeps most of its value at $108,862 in real terms. Location choice here is more about career opportunities than cost arbitrage.

What the Cost-of-Living Data Says

Alaska Sits Near the National Cost Benchmark

RPP 102.0

With an RPP of 102.0, Alaska is within a few percent of the national cost-of-living baseline. Salary adjustment for Economists is therefore minor — what you earn is close to what you'd keep in real purchasing power.

Minor COL Adjustment for This Salary

-2.0%

After adjusting for Alaska's cost of living, $111,040 nominal nets out to $108,863 in real purchasing power — a small 2.0% loss. The state's cost profile is close enough to average that COL alone shouldn't drive location decisions for this Economists.

Below-Median Adjusted Pay

#21 / 40

Alaska's rank of #21 of 40 states means real purchasing power for Economists trails the national half-way line.

Best States for Economists (After Cost of Living)

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

$162,367
RPP 98.0
2. Kansas
$154,211
RPP 90.0
$153,998
RPP 108.8
4. Alabama
$148,018
RPP 87.8
$144,532
RPP 94.2
$143,730
RPP 116.6
7. Idaho
$142,995
RPP 91.8
$137,790
RPP 105.0
$134,760
RPP 102.1
10. Ohio
$131,147
RPP 91.5

Alaska ranks #21 out of 40 states for Economists after cost-of-living adjustment.

How much do you actually take home? See Economists take-home pay in Alaska after taxes →

Frequently Asked Questions

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

A Economists in Alaska earns a median salary of $111,040 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $108,862 — 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 Economists in Alaska: $111,040 x (100 / 102.0) = $108,862. This represents what the salary would be worth in a state with average living costs.

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