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Machinists Salary in Alaska: Cost of Living Adjusted (2024)

What does a Machinists 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
$72,710
Median annual (2024)
-2.0%
Real Purchasing Power
$71,284
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 Machinists earning $72,710 in Alaska has the equivalent purchasing power of $71,284 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) $49,990 $49,009 $-980
25th Percentile (P25) $52,680 $51,647 $-1,032
Median (P50) $72,710 $71,284 $-1,425
75th Percentile (P75) $92,030 $90,225 $-1,804
90th Percentile (P90) $100,280 $98,313 $-1,966
Key Insight

Alaska's cost of living is close to the national average, so $72,710 keeps most of its value at $71,284 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Machinists (After Cost of Living)

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

1. Alaska
$71,284
RPP 102.0
2. Wyoming
$69,662
RPP 91.9
3. Hawaii
$69,548
RPP 110.8
4. Montana
$67,807
RPP 90.3
$65,512
RPP 88.7
$64,801
RPP 90.6
$64,654
RPP 89.8
8. Utah
$63,968
RPP 94.5
$63,578
RPP 91.1
$63,208
RPP 91.0

Alaska ranks #1 out of 50 states for Machinists after cost-of-living adjustment.

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Frequently Asked Questions

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

A Machinists in Alaska earns a median salary of $72,710 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $71,284 — 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 Machinists in Alaska: $72,710 x (100 / 102.0) = $71,284. This represents what the salary would be worth in a state with average living costs.

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