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Payroll and Timekeeping Clerks Salary in Alaska: Cost of Living Adjusted (2024)

What does a Payroll and Timekeeping Clerks 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
$59,360
Median annual (2024)
-2.0%
Real Purchasing Power
$58,196
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 Payroll and Timekeeping Clerks earning $59,360 in Alaska has the equivalent purchasing power of $58,196 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) $42,470 $41,637 $-832
25th Percentile (P25) $50,940 $49,941 $-998
Median (P50) $59,360 $58,196 $-1,163
75th Percentile (P75) $64,300 $63,039 $-1,260
90th Percentile (P90) $78,220 $76,686 $-1,533
Key Insight

Alaska's cost of living is close to the national average, so $59,360 keeps most of its value at $58,196 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Payroll and Timekeeping Clerks (After Cost of Living)

Where does Payroll and Timekeeping Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$66,042
RPP 88.7
2. Idaho
$63,398
RPP 91.8
$62,210
RPP 97.7
$60,054
RPP 92.3
$59,527
RPP 91.0
$59,289
RPP 101.3
$58,867
RPP 98.0
$58,641
RPP 89.8
9. Vermont
$58,565
RPP 101.1
10. Michigan
$58,554
RPP 93.4

Alaska ranks #13 out of 50 states for Payroll and Timekeeping Clerks after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Payroll and Timekeeping Clerks in Alaska after cost of living?

A Payroll and Timekeeping Clerks in Alaska earns a median salary of $59,360 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $58,196 — 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 Payroll and Timekeeping Clerks in Alaska: $59,360 x (100 / 102.0) = $58,196. This represents what the salary would be worth in a state with average living costs.

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