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Psychiatric Aides Salary in Alaska: Cost of Living Adjusted (2024)

What does a Psychiatric Aides 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
$46,950
Median annual (2024)
-2.0%
Real Purchasing Power
$46,029
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 Psychiatric Aides earning $46,950 in Alaska has the equivalent purchasing power of $46,029 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) $41,680 $40,862 $-817
25th Percentile (P25) $42,970 $42,127 $-842
Median (P50) $46,950 $46,029 $-920
75th Percentile (P75) $50,020 $49,039 $-980
90th Percentile (P90) $58,520 $57,372 $-1,147
Key Insight

Alaska's cost of living is close to the national average, so $46,950 keeps most of its value at $46,029 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Psychiatric Aides (After Cost of Living)

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

1. Nevada
$52,126
RPP 96.4
$51,756
RPP 107.6
$50,890
RPP 97.7
$49,550
RPP 102.3
$49,507
RPP 107.6
6. Ohio
$48,666
RPP 91.5
7. Indiana
$47,080
RPP 91.8
$47,038
RPP 101.3
9. Texas
$46,953
RPP 97.5
$46,846
RPP 109.4

Alaska ranks #13 out of 39 states for Psychiatric Aides after cost-of-living adjustment.

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Frequently Asked Questions

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

A Psychiatric Aides in Alaska earns a median salary of $46,950 per year. After adjusting for Alaska's cost of living (RPP=102.0), the real purchasing power is $46,029 — 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 Psychiatric Aides in Alaska: $46,950 x (100 / 102.0) = $46,029. This represents what the salary would be worth in a state with average living costs.

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