Last updated: 2025 BLS data · Page refreshed:
What does a Millwrights salary really buy you in Alaska?
Alaska is 2.0% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Alaska's Regional Price Parity (RPP) is 102.0, meaning prices are 2.0% higher the national average. A Millwrights earning $76,940 in Alaska has the equivalent purchasing power of $75,431 in an average-cost US state.
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) | $54,270 | $53,205 | $-1,064 |
| 25th Percentile (P25) | $62,210 | $60,990 | $-1,219 |
| Median (P50) | $76,940 | $75,431 | $-1,508 |
| 75th Percentile (P75) | $85,960 | $84,274 | $-1,685 |
| 90th Percentile (P90) | $92,350 | $90,539 | $-1,810 |
Alaska's cost of living is close to the national average, so $76,940 keeps most of its value at $75,431 in real terms. Location choice here is more about career opportunities than cost arbitrage.
With an RPP of 102.0, Alaska is within a few percent of the national cost-of-living baseline. Salary adjustment for Millwrights is therefore minor — what you earn is close to what you'd keep in real purchasing power.
After adjusting for Alaska's cost of living, $76,940 nominal nets out to $75,431 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 Millwrights.
Ranked on COL-adjusted median pay for Millwrights, Alaska places #11 of 48 states — top quartile. Either nominal wages run high, cost of living runs low, or both.
Where does Millwrights salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Alaska ranks #11 out of 48 states for Millwrights after cost-of-living adjustment.
How much do you actually take home? See Millwrights take-home pay in Alaska after taxes →
A Millwrights in Alaska earns a median salary of $76,940 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $75,431 — a -2.0% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Millwrights in Alaska: $76,940 x (100 / 102.0) = $75,431. This represents what the salary would be worth in a state with average living costs.
Some links are affiliate links. See our disclosure.