Living Wage Calculation for Alaska
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.06 | $20.40 |
| Poverty Wage | $7.67 | $7.87 |
| Minimum Wage | $10.19 | $10.19 |
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Contents
What is a good salary in Alaska?
Average Salary in Alaska
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $89,741 | $7,478 |
| 75th Percentile | $73,787 | $6,148 |
| Average | $69,750 | $5,812 |
| 25th Percentile | $49,357 | $4,113 |
What is a livable wage per hour?
$16.54 per hour
The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.
How much do you need to make to live in Anchorage Alaska?
Recommended Salary in Alaska
As the median rent cost of a one-bedroom apartment in Anchorage is $1,095, the average resident would need to take home $3,285 before taxes to live comfortably in Alaska. That translates to $39,420 yearly.
How much does Alaska pay per hour?
$7.15 / hour
Alaska’s state minimum wage rate is $10.34 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.
How much money do you need to live comfortably in Alaska?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $26,962 | $63,668 |
| Annual taxes | $4,371 | $10,321 |
| Required annual income before taxes | $31,333 | $73,989 |
Is it worth it to move to Alaska?
Alaska has some of the best hunting and fishing anywhere in the world. If hunting and fishing are two of your favorite pastimes, you’ve come to the right place. Alaska offers some of the most unique hunting and fishing opportunities in the world.There’s plenty of fishing experiences to be had in Alaska as well.
Is $17 an hour a livable wage?
When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…
| $17 per Hour – Full Time | Total Income |
|---|---|
| Weekly (40 Hours) | $680 |
| Bi-Weekly (80 Hours) | $1,360 |
| Daily Wage (8 Hours) | $136 |
| Net Estimated Monthly Income | $2,250 |
What is a livable wage in 2021?
The minimum wage is $7.25 an hour, which does equate a livable wage and would set a full-time worker earning that wage below the federal poverty line of $26,200 for a family of four.
Livable Wage by State 2021.
| State | Livable Wage |
|---|---|
| New York | $59,000 |
| Maryland | $58,000 |
| California | $57,000 |
| New Jersey | $56,000 |
What is a livable wage for a single person?
According to their analysis, an employed single adult currently needs A$597 per week (before tax, and including housing costs) to live healthily. A couple with two young children needs almost twice as much: A$1,173. The national minimum wage is currently A$695 for a full-time worker.
Is it hard to find a job in Alaska?
A few shortage occupations with the State of Alaska are open to applicants from out of state. If you find a job vacancy to your liking, negotiate with the employer via phone, e-mail or fax, and you may land a solid job offer before coming to Alaska.Unemployment in Alaska is above the national average.
Is living in Alaska affordable?
Alaska is one of the most expensive states to live in. Most of its cities and towns consistently have a cost of living that is more expensive than the national average.There are cities in Alaska that are affordable and still provide the lifestyle you crave.
How much is a gallon of milk in Alaska?
Got milk? For many milk is a grocery staple. However, depending upon where you live, the cost can fluctuate dramatically. According to the USDA, the average gallon of whole milk is $3.59 a gallon.
Average Price Of Milk In Every State.
| State | Cost |
|---|---|
| Alaska | $3.78 |
| Arizona | $1.98 |
| Arkansas | $2.99 |
| California | $2.69 |
Can I live in Alaska for free?
While it’s a common misconception that you can move there for free, you can get paid to live in Alaska. The Alaska Permanent Fund Dividend (PFD) takes the state’s oil wealth and shares an annual portion with all permanent residents (both children and adults).
Why is Alaska cost of living so high?
The easy answer is that Alaska is big and sparsely populated, access to many places is difficult and it’s far from places where goods are manufactured. Shipping is, therefore, expensive, and it drives up the costs of everything from gasoline to lumber to finished consumer goods. Hence, everything is more expensive.
What is minimum wage in Alaska?
$10.34
What is the minimum wage in Alaska? Alaska is one of 29 states with a minimum wage above the federal minimum wage of $7.25. The minimum wage in Alaska was $10.19 throughout 2020 and will increase to $10.34 on January 1, 2021. Notably, Alaska does not allow a tip credit against the state’s minimum wage.
Can you live in Alaska without a job?
We do not recommend moving out of state alone, especially to Alaska, without having a job lined up. There are a lot of job opportunities available, but unless you have unlimited funds, having secure employment in place is a must before you make the move to Alaska.
How much is the average house in Alaska?
If you’re looking to buy, the median value houses in Alaska is $241,800, which is 37% higher than the national median of $176,700. That being said, the average listing price in Fairbanks is right around $199,000, while it hovers around $345,000 in Anchorage.
Is Alaska more expensive than Hawaii?
When we compare the travel costs of actual travelers between Hawaii and Alaska, we can see that Hawaii is more expensive. And not only is Alaska much less expensive, but it is actually a significantly cheaper destination. So, traveling to Alaska would let you spend less money overall.
What is bad about Alaska?
As beautiful and unspoiled as it is, Alaska is a difficult place to dwell. The climate is harsh and the rigors of daily life can extol a heavy price. For some residents, the stress of Alaskan living boils over into violent encounters.
What are the dangers of living in Alaska?
We know these things make living in Alaska somewhat difficult, but in our view, the Last Frontier is totally worth these inconveniences.
Here Are The 9 Biggest Risks Of Living In Alaska
- Moose Attack.
- Bear Charge.
- Bad Drivers.
- Walking on Ice.
- Freezing to Death.
- Tsunami Zone.
- Road Construction.
- Bad Cell Service.
