Physical Therapists Salary in Alaska: Cost of Living Adjusted (2024)

What does a Physical Therapists 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
$104,610
Median annual (2024)
-2.0%
Real Purchasing Power
$102,558
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 Physical Therapists earning $104,610 in Alaska has the equivalent purchasing power of $102,558 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) $83,890 $82,245 $-1,644
25th Percentile (P25) $100,700 $98,725 $-1,974
Median (P50) $104,610 $102,558 $-2,051
75th Percentile (P75) $125,060 $122,607 $-2,452
90th Percentile (P90) $131,100 $128,529 $-2,570
Key Insight

Alaska's cost of living is close to the national average, so $104,610 keeps most of its value at $102,558 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Physical Therapists (After Cost of Living)

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

$110,461
RPP 88.8
$110,458
RPP 87.3
$110,384
RPP 91.0
4. Alabama
$110,136
RPP 87.8
$109,183
RPP 90.6
$108,406
RPP 86.6
7. Nevada
$107,883
RPP 96.4
$107,858
RPP 89.2
9. Ohio
$107,584
RPP 91.5
10. Tennessee
$107,505
RPP 91.8

Alaska ranks #23 out of 51 states for Physical Therapists after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Physical Therapists in Alaska earns a median salary of $104,610 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $102,558 — 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 Physical Therapists in Alaska: $104,610 x (100 / 102.0) = $102,558. This represents what the salary would be worth in a state with average living costs.

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Cities in Alaska
Anchorage
Colleges in Alaska
University of Alaska Anchorage Alaska Bible College University of Alaska Fairbanks University of Alaska Southeast