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 $12.14 $25.04 $31.37 $41.07 $19.15 $23.90 $26.47 $31.00 $14.08 $9.12 $14.08 $17.04 $20.97
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 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75 $9.75

*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 $3,560 $5,390 $8,023 $10,601 $6,527 $8,260 $10,608 $12,889 $6,527 $8,260 $10,608 $12,889
Child Care $0 $7,801 $13,899 $19,997 $0 $0 $0 $0 $0 $7,801 $13,899 $19,997
Medical $2,238 $6,197 $5,911 $6,071 $5,286 $5,911 $6,071 $5,929 $5,286 $5,911 $6,071 $5,929
Housing $9,831 $14,686 $14,686 $21,405 $11,478 $14,686 $14,686 $21,405 $9,831 $14,686 $14,686 $21,405
Transportation $3,768 $7,155 $9,346 $10,196 $7,155 $9,346 $10,196 $10,231 $7,155 $9,346 $10,196 $10,231
Other $2,799 $4,565 $5,497 $6,845 $4,565 $5,497 $6,845 $6,235 $4,565 $5,497 $6,845 $6,235
Required annual income after taxes $22,195 $45,794 $57,362 $75,115 $35,011 $43,700 $48,407 $56,688 $33,364 $51,501 $62,306 $76,685
Annual taxes $3,050 $6,292 $7,882 $10,321 $4,811 $6,005 $6,651 $7,789 $4,584 $7,077 $8,561 $10,537
Required annual income before taxes $25,245 $52,087 $65,244 $85,436 $39,822 $49,705 $55,058 $64,478 $58,578 $37,948 $58,578 $70,867 $87,222

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $100,830
Business & Financial Operations $74,100
Computer & Mathematical $77,580
Architecture & Engineering $98,770
Life, Physical, & Social Science $76,020
Community & Social Service $49,540
Legal $90,370
Education, Training, & Library $62,710
Arts, Design, Entertainment, Sports, & Media $48,440
Healthcare Practitioners & Technical $81,620
Healthcare Support $37,400
Protective Service $49,720
Food Preparation & Serving Related $22,960
Building & Grounds Cleaning & Maintenance $29,780
Personal Care & Service $28,530
Sales & Related $28,960
Office & Administrative Support $39,340
Farming, Fishing, & Forestry $33,210
Construction & Extraction $63,870
Installation, Maintenance, & Repair $56,940
Production $40,070
Transportation & Material Moving $41,090