Minimum Wage Calculators Alaska

Alaska Minimum Wage Calculator 2026

Alaska minimum wage: $11.73/hr (tipped: $11.73/hr). Calculate annual salary, monthly income, and take-home pay at minimum wage.

Free — No Sign-up Verified Data Editorially Reviewed Updated
Alaska Quick Facts
None Income Tax Rate
1.19% Property Tax Rate
$77,790 Median Income
125.9 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator computes annual, monthly, and weekly earnings at Alaska's minimum wage of $11.73/hr. For tipped employees, the base rate is $11.73/hr. The federal minimum wage is $7.25/hr — Alaska's rate is higher, so the state rate applies. Calculations assume no overtime and consistent hours.

Key State Information

Alaska minimum wage: $11.73/hr. Tipped rate: $11.73/hr. Alaska requires full minimum wage for tipped employees — no tip credit is allowed.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
US Department of Labor
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the minimum wage in Alaska in 2026?

Alaska's minimum wage is $11.73/hr as of 2026. For tipped employees, the minimum is $11.73/hr. Working 40 hours/week, 52 weeks/year, this equals approximately $24,398 gross annual income.

Is Alaska's minimum wage going up?

Many states have scheduled annual minimum wage increases tied to inflation (CPI). Check Alaska's Department of Labor for upcoming rate changes. Several states are gradually increasing toward $15/hr.

Can you live on minimum wage in Alaska?

Alaska's cost of living index is 125.9 (100 = national average). At $11.73/hr full time, you'd earn about $24,398/year before taxes. With above-average costs, this would be very challenging.

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