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

What does a Paramedic 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
$56,900
Median annual (2024)
-2.0%
Real Purchasing Power
$55,784
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 Paramedic earning $56,900 in Alaska has the equivalent purchasing power of $55,784 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) $48,200 $47,254 $-945
25th Percentile (P25) $49,080 $48,117 $-962
Median (P50) $56,900 $55,784 $-1,115
75th Percentile (P75) $64,780 $63,509 $-1,270
90th Percentile (P90) $85,790 $84,107 $-1,682
Key Insight

Alaska's cost of living is close to the national average, so $56,900 keeps most of its value at $55,784 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Paramedic (After Cost of Living)

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

1. Alaska
$55,784
RPP 102.0
2. Hawaii
$55,333
RPP 110.8
$47,277
RPP 104.7
$46,955
RPP 92.3
$46,765
RPP 97.7
$46,234
RPP 98.0
$45,496
RPP 108.8
8. Maine
$45,357
RPP 100.8
$45,133
RPP 105.0
10. Oregon
$45,093
RPP 106.6

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

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Frequently Asked Questions

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

A Paramedic in Alaska earns a median salary of $56,900 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $55,784 — 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 Paramedic in Alaska: $56,900 x (100 / 102.0) = $55,784. This represents what the salary would be worth in a state with average living costs.

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