Financial Profile: Alaska
Financial landscape, tax rates, cost of living, and median income scoring for Alaska residents.
Alaska at a Glance
Avg Salary
$62,000
Cost of Living
127
Top Tax Rate
None
Adjusted Income
$48,818
Monthly Take-Home
$4,315
Max Rent (30%)
$1,550
Financial Genome at Median Income
Scores calculated for someone earning $62,000/yr in Alaska with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in Alaska: Financial Overview
Alaska has no state income tax. Residents may also receive an annual Permanent Fund Dividend from oil revenues.
- No state income tax
- Permanent Fund Dividend
- Higher cost of living
Major Cities
Anchorage, Fairbanks, Juneau
With a cost of living index of 127 (above the national average of 100), expenses are higher in Alaska. A $60,000 salary here has the purchasing power equivalent of only $47,244 in an average-cost area.
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See your personalized Financial Genome scores based on your actual income and expenses in Alaska.
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