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

What does a Financial Risk Specialists 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
$126,050
Median annual (2024)
-2.0%
Real Purchasing Power
$123,578
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 Risk Specialists earning $126,050 in Alaska has the equivalent purchasing power of $123,578 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) $54,120 $53,058 $-1,061
25th Percentile (P25) $54,640 $53,568 $-1,071
Median (P50) $126,050 $123,578 $-2,471
75th Percentile (P75) $127,290 $124,794 $-2,495
90th Percentile (P90) $142,160 $139,372 $-2,787
Key Insight

Alaska's cost of living is close to the national average, so $126,050 keeps most of its value at $123,578 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Financial Risk Specialists (After Cost of Living)

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

$132,714
RPP 98.0
$128,559
RPP 107.6
3. Wyoming
$125,930
RPP 91.9
4. Alaska
$123,578
RPP 102.0
$113,715
RPP 94.2
$113,051
RPP 108.8
7. Georgia
$112,453
RPP 95.8
8. Iowa
$111,889
RPP 88.4
9. Maine
$111,180
RPP 100.8
10. Virginia
$110,930
RPP 102.1

Alaska ranks #4 out of 48 states for Financial Risk Specialists after cost-of-living adjustment.

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Frequently Asked Questions

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

A Financial Risk Specialists in Alaska earns a median salary of $126,050 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $123,578 — 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 Risk Specialists in Alaska: $126,050 x (100 / 102.0) = $123,578. This represents what the salary would be worth in a state with average living costs.

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