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

What does a Pharmacists 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 2026-04-02

Nominal Salary
$152,730
Median annual (2024)
-2.0%
Real Purchasing Power
$149,735
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 Pharmacists earning $152,730 in Alaska has the equivalent purchasing power of $149,735 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) $82,840 $81,215 $-1,624
25th Percentile (P25) $137,690 $134,990 $-2,699
Median (P50) $152,730 $149,735 $-2,994
75th Percentile (P75) $173,410 $170,009 $-3,400
90th Percentile (P90) $183,780 $180,176 $-3,603
Key Insight

Alaska's cost of living is close to the national average, so $152,730 keeps most of its value at $149,735 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Pharmacists (After Cost of Living)

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

$153,977
RPP 88.0
$153,705
RPP 97.7
$151,859
RPP 86.6
$151,826
RPP 88.7
$151,278
RPP 92.3
6. Alabama
$150,205
RPP 87.8
7. Alaska
$149,735
RPP 102.0
$149,358
RPP 87.3
$148,230
RPP 91.0
10. Iowa
$148,065
RPP 88.4

Alaska ranks #7 out of 51 states for Pharmacists after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Pharmacists in Alaska earns a median salary of $152,730 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $149,735 — 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 Pharmacists in Alaska: $152,730 x (100 / 102.0) = $149,735. This represents what the salary would be worth in a state with average living costs.

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