Current Minimum Wage in Alaska
The minimum wage in Alaska is $11.73 per hour as of 2026. This is $4.48 above the federal minimum wage of $7.25/hr.
Wage Breakdown
| Pay Period | Gross Pay | Hours |
|---|---|---|
| Hourly | $11.73 | 1 |
| Daily (8 hours) | $93.84 | 8 |
| Weekly | $469 | 40 |
| Biweekly | $938 | 80 |
| Monthly | $2,033 | ~173 |
| Annual | $24,398 | 2,080 |
Tipped Employee Wage
Alaska does not allow a tip credit. Tipped employees must receive the full minimum wage of $11.73/hr from their employer, with tips on top.
Scheduled Increases
Adjusted annually based on CPI inflation.
Living Wage vs. Minimum Wage
Federal Poverty Line (single)
$15,060/year
Minimum wage is $9,338 above poverty line
Estimated Living Wage (AK)
~$21.61/hr
Based on cost of living index (127.1)
Cost of Living Context
Alaska's cost of living index is 127.1 (national average = 100). This means living in Alaska is 27.1% more expensive than the national average. The median hourly wage in Alaska is $25.81/hr, which is 120% above the minimum wage.
Key Facts
No tip credit allowed — tipped workers must receive full minimum wage. Adjusted annually for inflation.
How This Compares
| Metric | AK | Federal | Highest (WA) |
|---|---|---|---|
| Minimum Wage | $11.73 | $7.25 | $16.66 |
| Tipped Wage | $11.73 | $2.13 | $16.66 |
| Annual (FT) | $24,398 | $15,080 | $34,653 |
Useful Resources
Alaska Average Salary
Median income and top employers in AK
Alaska Tax Rates
Income, sales & property tax in AK
Salary Calculator
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Paycheck Calculator
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