Mechanical Engineers salary in Anchorage, AK
Median pay for mechanical engineers in Anchorage, AK: $98,740/yr
Typical range (10th–90th percentile): $64,990 – $163,330 · about 310 employed locally
Above the typical metro median ($95,605) by +$3,135 (+3%).
What it's really worth in Anchorage
With Anchorage's cost of living at 107 (US=100), that $98,740 has the buying power of about $92,478 in an average-cost US metro.
Local context: median household income $93,016 · median home $422,103 · median rent $1,770/mo.
How Anchorage ranks for this job
On raw pay, Anchorage, AK is 69th of the 180 metros we hold mechanical engineers wages for. Once Anchorage's cost of living is applied, it ranks 114th.
The headline number flatters Anchorage. Once housing and everyday costs are taken into account, mechanical engineers here keep less of what they earn than the raw salary implies.
What that salary buys in Anchorage
A median home in Anchorage, AK costs $422,103 — about 4.3× this salary, against a typical US metro figure of 4.7×. Buying is more attainable here than in the average metro on this income.
Median rent of $1,770/mo works out at 22% of gross pay — inside the conventional 30% affordability ceiling.
Where mechanical engineers earn more
Pay on its own is only half the picture, so each row shows what rent costs there relative to Anchorage.
| Metro | Median pay | vs Anchorage | Rent vs Anchorage |
|---|---|---|---|
| San Jose, CA | $153,520 | +55% | 2× |
| San Francisco, CA | $136,970 | +39% | 1.8× |
| Albuquerque, NM | $133,660 | +35% | 0.8× |
| Tyler, TX | $130,720 | +32% | 0.8× |
Other jobs in Anchorage
Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 180 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.