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 $12.34 $27.05 $32.04 $42.07 $19.39 $23.46 $26.47 $30.95 $18.67 $9.27 $14.48 $17.59 $21.44
Poverty Wage $7.00 $9.00 $12.00 $14.00 $9.00 $12.00 $14.00 $17.00 $4.00 $6.00 $7.00 $8.00
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 $3,564 $5,245 $7,893 $10,476 $6,533 $8,124 $10,487 $12,773 $6,533 $8,124 $10,487 $12,773
Child Care $0 $10,022 $15,891 $21,759 $0 $0 $0 $0 $0 $10,022 $15,891 $21,759
Medical $2,328 $6,842 $6,561 $6,618 $4,829 $6,561 $6,618 $6,288 $4,829 $6,561 $6,618 $6,288
Housing $9,978 $14,766 $14,766 $21,492 $11,517 $14,766 $14,766 $21,492 $9,978 $14,766 $14,766 $21,492
Transportation $3,860 $7,975 $8,373 $10,051 $7,975 $8,373 $10,051 $10,013 $7,975 $8,373 $10,051 $10,013
Other $2,803 $4,533 $4,999 $6,395 $4,533 $4,999 $6,395 $5,932 $4,533 $4,999 $6,395 $5,932
Required annual income after taxes $22,532 $49,383 $58,483 $76,791 $35,387 $42,824 $48,318 $56,498 $33,848 $52,846 $64,209 $78,257
Annual taxes $3,143 $6,889 $8,158 $10,712 $4,937 $5,974 $6,740 $7,881 $4,722 $7,372 $8,957 $10,917
Required annual income before taxes $25,675 $56,272 $66,642 $87,504 $40,324 $48,797 $55,058 $64,379 $58,253 $38,570 $60,218 $73,166 $89,174

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $103,874
Business & Financial Operations $75,010
Computer & Mathematical $80,955
Architecture & Engineering $100,378
Life, Physical, & Social Science $78,433
Community & Social Service $51,076
Legal $90,108
Education, Training, & Library $66,471
Arts, Design, Entertainment, Sports, & Media $51,957
Healthcare Practitioners & Technical $82,246
Healthcare Support $40,426
Protective Service $56,611
Food Preparation & Serving Related $24,416
Building & Grounds Cleaning & Maintenance $30,494
Personal Care & Service $30,156
Sales & Related $30,801
Office & Administrative Support $41,338
Farming, Fishing, & Forestry $39,227
Construction & Extraction $66,031
Installation, Maintenance, & Repair $60,393
Production $42,917
Transportation & Material Moving $43,378