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Alaska minimum wage: $11.73/hour | State avg: $32.69/hour
Alaska's minimum wage is $11.73/hour (2026), indexed to inflation annually. The state has no state income tax. Average annual salary is around $68,000. Alaska workers may also receive the Permanent Fund Dividend (~$1,000-2,000/year), which effectively boosts total compensation. When comparing Alaska job offers to other states, factor in the PFD and no income tax.
| Pay Metric | Alaska 2026 |
|---|---|
| State Minimum Wage | $11.73/hour |
| Minimum Wage (Annual, FT) | $24,398/year |
| Approx. Average Annual Salary | $68,000/year |
| Average Hourly Rate | $32.69/hour |
| Average Biweekly Pay | $2,615/paycheck |
| Average Monthly Pay | $5,667/month |
| Standard Full-Time Hours | 2,080 hours/year (40 hrs/wk × 52) |
| Overtime Threshold | 40 hours/week (FLSA) |
| Annual Salary | Hourly (40 hrs) | Monthly | Biweekly | Weekly |
|---|---|---|---|---|
| $30,000 | $14.42 | $2,500 | $1,154 | $577 |
| $40,000 | $19.23 | $3,333 | $1,538 | $769 |
| $50,000 | $24.04 | $4,167 | $1,923 | $962 |
| $60,000 | $28.85 | $5,000 | $2,308 | $1,154 |
| $75,000 | $36.06 | $6,250 | $2,885 | $1,442 |
| $100,000 | $48.08 | $8,333 | $3,846 | $1,923 |
| $120,000 | $57.69 | $10,000 | $4,615 | $2,308 |
| $150,000 | $72.12 | $12,500 | $5,769 | $2,885 |
Based on 40 hours/week, 52 weeks/year (2,080 hours). Gross figures before taxes.
The average annual salary in Alaska is approximately $68,000/year, which equals $32.69/hour on a standard 40-hour workweek. This is a statewide average — wages vary significantly by industry, experience, education, and location within Alaska.
The minimum wage in Alaska is $11.73/hour as of 2026. Working full-time (2,080 hours/year), that equals $24,398/year gross before taxes. After federal income tax and FICA, take-home pay on minimum wage is approximately $20,006-$20,982/year depending on deductions.
Divide your annual salary by 2,080 (52 weeks × 40 hours) for a standard full-time position. Example: $60,000 ÷ 2,080 = $28.85/hour. For part-time or different schedules, multiply your weekly hours by 52 to get annual hours, then divide. The calculator above does this automatically and shows all pay periods.
$20/hour × 2,080 hours/year = $41,600/year gross before taxes. After federal taxes (assuming single filer, standard deduction) and FICA, take-home is approximately $33,000–$35,000/year, or about $2,750–$2,900/month. In Alaska, with typical expenses around $2,540/month, a $20/hour income is tight but livable, especially with a roommate or lower housing costs.
A living wage for a single adult in Alaska (covering housing, food, transportation, healthcare, and basic personal expenses without government assistance) is approximately $18-$25/hour depending on your specific city and circumstances. For a family of four with two earners, the target rises to $25-$35/hour per earner. See the budget calculator for a detailed breakdown of typical monthly expenses in Alaska.