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Insurance Underwriters Salary in Alaska: Cost of Living Adjusted (2024)

What does a Insurance Underwriters 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
$60,860
Median annual (2024)
-2.0%
Real Purchasing Power
$59,666
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 Insurance Underwriters earning $60,860 in Alaska has the equivalent purchasing power of $59,666 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) $45,910 $45,009 $-900
25th Percentile (P25) $47,050 $46,127 $-922
Median (P50) $60,860 $59,666 $-1,193
75th Percentile (P75) $79,610 $78,049 $-1,560
90th Percentile (P90) $103,990 $101,950 $-2,039
Key Insight

Alaska's cost of living is close to the national average, so $60,860 keeps most of its value at $59,666 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Insurance Underwriters (After Cost of Living)

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

1. Vermont
$105,628
RPP 101.1
$97,800
RPP 102.3
3. Maine
$95,833
RPP 100.8
$94,738
RPP 88.0
$91,454
RPP 89.4
$91,453
RPP 109.4
7. Kansas
$91,022
RPP 90.0
8. Nevada
$90,549
RPP 96.4
$89,718
RPP 106.4
$89,312
RPP 107.6

Alaska ranks #49 out of 49 states for Insurance Underwriters after cost-of-living adjustment.

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Frequently Asked Questions

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

A Insurance Underwriters in Alaska earns a median salary of $60,860 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $59,666 — 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 Insurance Underwriters in Alaska: $60,860 x (100 / 102.0) = $59,666. This represents what the salary would be worth in a state with average living costs.

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