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Loan Officers Salary in Alaska: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Loan Officers 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
$72,800
Median annual (2025)
-2.0%
Real Purchasing Power
$71,372
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 Loan Officers earning $72,800 in Alaska has the equivalent purchasing power of $71,372 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) $26,730 $26,205 $-524
25th Percentile (P25) $44,780 $43,901 $-878
Median (P50) $72,800 $71,372 $-1,427
75th Percentile (P75) $88,000 $86,274 $-1,725
90th Percentile (P90) $123,570 $121,147 $-2,422
Key Insight

Alaska's cost of living is close to the national average, so $72,800 keeps most of its value at $71,372 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 Loan Officers 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, $72,800 nominal nets out to $71,373 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 Loan Officers.

Below-Median Adjusted Pay

#37 / 51

Alaska's rank of #37 of 51 states means real purchasing power for Loan Officers trails the national half-way line.

Best States for Loan Officers (After Cost of Living)

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

$97,410
RPP 97.7
2. Kansas
$96,633
RPP 90.0
$95,434
RPP 88.7
4. Iowa
$94,649
RPP 88.4
$92,870
RPP 109.4
$92,394
RPP 102.3
$90,818
RPP 88.0
$89,971
RPP 106.4
$88,949
RPP 107.6
10. Nebraska
$88,908
RPP 89.8

Alaska ranks #37 out of 51 states for Loan Officers after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Loan Officers in Alaska earns a median salary of $72,800 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $71,372 — 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 Loan Officers in Alaska: $72,800 x (100 / 102.0) = $71,372. This represents what the salary would be worth in a state with average living costs.

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