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Financial Manager Salary in Alaska: Cost of Living Adjusted (2024)

What does a Financial Manager 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
$122,770
Median annual (2024)
-2.0%
Real Purchasing Power
$120,362
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 Financial Manager earning $122,770 in Alaska has the equivalent purchasing power of $120,362 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) $82,880 $81,254 $-1,625
25th Percentile (P25) $99,610 $97,656 $-1,953
Median (P50) $122,770 $120,362 $-2,407
75th Percentile (P75) $161,030 $157,872 $-3,157
90th Percentile (P90) $199,210 $195,303 $-3,906
Key Insight

Alaska's cost of living is close to the national average, so $122,770 keeps most of its value at $120,362 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Financial Manager (After Cost of Living)

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

$200,501
RPP 107.6
$183,724
RPP 98.0
$173,483
RPP 108.8
$172,750
RPP 88.0
$170,909
RPP 102.3
6. Georgia
$170,615
RPP 95.8
$170,212
RPP 94.2
$166,787
RPP 102.1
$165,603
RPP 109.4
10. Texas
$164,461
RPP 97.5

Alaska ranks #47 out of 50 states for Financial Manager after cost-of-living adjustment.

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Frequently Asked Questions

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

A Financial Manager in Alaska earns a median salary of $122,770 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $120,362 — 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 Financial Manager in Alaska: $122,770 x (100 / 102.0) = $120,362. This represents what the salary would be worth in a state with average living costs.

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