Living Wage Calculation for Alaska
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.72 | $23.11 |
| Poverty Wage | $7.74 | $7.96 |
| Minimum Wage | $10.34 | $10.34 |
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 |
How much do you need to make an hour to live in Alaska?
The average salary in Alaska is $23.8 per hour.
If you want to live comfortably in Alaska, a wage of around $46,000 per year ($3,833 per month) should do it.
What is a realistic livable wage?
California. California’s living wage is $19.41, or $40,371 a year for an individual. A family of four requires $27.42, or $101,378 a year. Childcare costs will cost a family with two working adults $22,259 a year, slightly more than the $24,682 they can expect to spend on housing.
How much does the average person make in Alaska?
In 2020, the average annual pay of employees in Alaska totaled to 61,732 U.S. dollars. This is an increase from 2001 levels, when this value stood at 36,170 U.S. dollars.
What is considered low income in Alaska?
To be eligible for a low income license, a person must meet the Alaska residency definition.
Resident Low Income Licenses.
| 2021 Poverty Guidelines for Alaska | |
|---|---|
| Persons in Family/Household | Family Gross Annual Income |
| 1 | $15,950 |
| 2 | $21,550 |
| 3 | $27,150 |
Is living in Alaska cheap?
As far as rent goes, Alaska is ever so slightly cheaper than the U.S. as a whole. According to Apartment List’s 2019 report, the median rent for a studio and one bedroom apartment in Alaska is $17 and $21 cheaper than the national median, respectively. The state is mostly made up of homeowners, though.
Can you live comfortably in Alaska?
So yes, you can still support a family of four fairly comfortably on a single income, as long as you’re at or above Alaska’s median; and a single person or childless couple making the same amount of money can live quite comfortably in major cities like Anchorage or Fairbanks, which has slightly lower housing costs than
How hard is living in Alaska?
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. According to statistics provided by the FBI and the United States Census Bureau, Alaska is second to only Tennessee as the nation’s most violent state.
Why are wages so high in Alaska?
Historically, Alaska’s economic booms, and the subsequent growth in the state’s population, were fueled by two things: an excess demand for labor, and a willingness of workers to fill that demand as long as the wages made it worth the additional effort required to live a frontier lifestyle.
Is $27 an hour good pay?
40 hours multiplied by 50 weeks is 2,000 working hours in a year. Now simply multiply your hourly rate by the number of working hours in the year. $27 per hour multiplied by 2,000 working hours per year is an annual income of $54,000 per year.
Is $20 an hour good?
Considering the fact that the majority of working teenagers earn minimum wage (or just over), yes, 20 dollars an hour is a good salary for a teenager. If you are a teenager, there’s a good chance you keep your monthly expenses low by living with your parents.
Is 15 dollars an hour a living wage?
Despite making more than double the federal minimum wage, families relying on $15 an hour wouldn’t make enough to cover necessities such as food, rent and health care. Aug. 6, 2021, at 5:02 p.m.
Do jobs pay more in Alaska?
Alaskan wages were about 24 percent above comparable mainland averages. All sampled occupational groups in Alaska earned above the mainland average.
How much do you get in food stamps in Alaska?
What is the average monthly SNAP benefit in Alaska? The average monthly SNAP benefit in Alaska is $166 per person ($41 higher than the national average). That equals an extra $1,002 per year to spend on food!
Is healthcare free in Alaska?
Health care is expensive in Alaska.
During that time, Alaska also had the highest spending for private health insurance per enrollee — $5,958. That figure was 31 percent above the national average, according to the Centers for Medicare and Medicaid Services.
Can I move to 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).
How much is a gallon of milk in Alaska?
$3.78
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 |
How much are groceries in Alaska?
List of prices in Anchorage, Alaska Current as of May 2022.
| Food | Update prices |
|---|---|
| 500 gr (16 oz.) of local cheese | $7 |
| 1 kg (2 lb.) of apples | $4.78 |
| 1 kg (2 lb.) of potatoes | $2.09 |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.08 |
How much is a loaf of bread in Alaska?
The Cost of Living in Alaska
| Item | Cost in Seattle | Cost in Nome |
|---|---|---|
| Apples | $1.69 / lb. | $5.99 / lb. |
| Tomatoes | $1.79 / lb. | $5.49 / lb. |
| Large bread loaf | $1.25 | $2.59 |
| 12 large eggs | $2.29 | $3.79 |
What state has the lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
