Living Wage Calculation for Anchorage, AK

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2025 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 10, 2025.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $23.93 $44.81 $58.67 $72.72 $33.46 $40.55 $45.12 $53.02 $16.73 $25.23 $32.03 $38.24
Poverty Wage $9.40 $12.71 $16.01 $19.32 $12.71 $16.01 $19.32 $22.63 $6.35 $8.01 $9.66 $11.31
Minimum Wage $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91 $11.91

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $5,260 $7,735 $11,587 $15,416 $9,644 $11,987 $15,419 $18,809 $9,644 $11,987 $15,419 $18,809
Child Care $0 $17,644 $33,219 $39,161 $0 $0 $0 $0 $0 $17,644 $33,219 $39,161
Medical $3,093 $7,371 $7,444 $7,521 $6,226 $8,338 $8,612 $8,915 $6,226 $8,338 $8,612 $8,915
Housing $12,884 $18,224 $18,224 $25,534 $13,888 $18,224 $18,224 $25,534 $13,888 $18,224 $18,224 $25,534
Transportation $11,729 $13,574 $17,099 $19,675 $13,574 $17,099 $19,675 $21,826 $13,574 $17,099 $19,675 $21,826
Civic $3,587 $6,314 $6,971 $8,938 $6,314 $6,971 $8,938 $9,915 $6,314 $6,971 $8,938 $9,915
Internet & Mobile $1,665 $1,665 $1,665 $1,665 $2,271 $2,271 $2,271 $2,271 $2,271 $2,271 $2,271 $2,271
Other $4,749 $9,123 $9,558 $11,490 $9,123 $10,121 $11,490 $12,746 $9,123 $10,121 $11,490 $12,746
Required annual income after taxes $42,968 $81,651 $105,768 $129,400 $61,040 $75,010 $84,628 $100,016 $61,040 $92,654 $117,847 $139,178
Annual taxes $6,811 $11,549 $16,263 $21,854 $8,555 $9,327 $9,213 $10,273 $8,555 $12,296 $15,414 $19,893
Required annual income before taxes $49,779 $93,200 $122,030 $151,253 $69,595 $84,337 $93,841 $110,289 $69,595 $104,950 $133,262 $159,071

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $128,490
Business & Financial Operations $87,390
Computer & Mathematical $96,050
Architecture & Engineering $107,630
Life, Physical, & Social Science $88,060
Community & Social Service $65,500
Legal $104,520
Education, Training, & Library $85,640
Arts, Design, Entertainment, Sports, & Media $55,560
Healthcare Practitioners & Technical $115,720
Healthcare Support $46,200
Protective Service $69,160
Food Preparation & Serving Related $36,690
Building & Grounds Cleaning & Maintenance $40,320
Personal Care & Service $42,750
Sales & Related $47,880
Office & Administrative Support $51,550
Farming, Fishing, & Forestry $45,090
Construction & Extraction $72,510
Installation, Maintenance, & Repair $71,130
Production $56,850
Transportation & Material Moving $68,540