Living Wage Calculation for Anchorage, AK

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $12.91 $27.56 $33.03 $42.81 $19.69 $24.40 $27.00 $31.79 $28.97 $9.49 $14.96 $17.88 $21.89
Poverty Wage $7.30 $9.89 $12.49 $15.09 $9.89 $12.49 $15.09 $17.68 $4.95 $6.25 $7.54 $8.84
Minimum Wage $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84 $9.84

*Documentation for families with an adult working part-time is available separately, here.

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $3,573 $5,267 $7,929 $10,517 $6,551 $8,154 $10,529 $12,820 $6,551 $8,154 $10,529 $12,820
Child Care $0 $10,084 $15,989 $21,894 $0 $0 $0 $0 $0 $10,084 $15,989 $21,894
Medical $2,299 $6,980 $6,636 $6,719 $4,959 $6,636 $6,719 $6,438 $4,959 $6,636 $6,719 $6,438
Housing $10,520 $15,357 $15,357 $22,340 $11,812 $15,357 $15,357 $22,340 $10,520 $15,357 $15,357 $22,340
Transportation $4,206 $7,664 $9,011 $10,425 $7,664 $9,011 $10,425 $10,307 $7,664 $9,011 $10,425 $10,307
Other $2,976 $4,951 $5,375 $6,256 $4,951 $5,375 $6,256 $6,121 $4,951 $5,375 $6,256 $6,121
Required annual income after taxes $23,574 $50,302 $60,298 $78,151 $35,937 $44,533 $49,286 $58,027 $34,644 $54,617 $65,275 $79,921
Annual taxes $3,289 $7,017 $8,412 $10,902 $5,013 $6,212 $6,875 $8,095 $4,833 $7,619 $9,106 $11,149
Required annual income before taxes $26,863 $57,319 $68,710 $89,053 $40,950 $50,746 $56,162 $66,121 $60,259 $39,477 $62,237 $74,381 $91,070

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $104,476
Business & Financial Operations $75,333
Computer & Mathematical $81,546
Architecture & Engineering $98,561
Life, Physical, & Social Science $79,849
Community & Social Service $52,485
Legal $88,963
Education, Training, & Library $67,031
Arts, Design, Entertainment, Sports, & Media $49,821
Healthcare Practitioners & Technical $83,449
Healthcare Support $41,591
Protective Service $58,215
Food Preparation & Serving Related $24,946
Building & Grounds Cleaning & Maintenance $32,261
Personal Care & Service $30,687
Sales & Related $30,933
Office & Administrative Support $41,930
Farming, Fishing, & Forestry $23,948
Construction & Extraction $67,443
Installation, Maintenance, & Repair $62,752
Production $41,766
Transportation & Material Moving $46,179