Petroleum Engineers Salary in Alaska
Official Bureau of Labor Statistics Data - May 2024 - AK
Median Annual Salary in Alaska
$147,616
$70.97 / hour
▲ 12.0% above national avg
National Median
$131,800
$63.37 / hour nationally
COL-Adjusted Purchasing Power
$116,142
Missouri equivalent (COL: 127.1)
Petroleum Engineers Salary in Alaska
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $78,236 |
| 25th Percentile | $106,284 |
| 50th (Median) | $147,616 |
| 75th Percentile | $203,710 |
| 90th (Top Earners) | $253,900 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Alaska median salary of $147,616 for Petroleum Engineers has the purchasing power of approximately $116,142 in Missouri (the COL baseline state with index 100).
Alaska's higher cost of living (COL index: 127.1) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Petroleum Engineers make in Alaska?
Petroleum Engineers in Alaska earn a median annual salary of $147,616 per year ($70.97/hr) according to BLS OEWS data (May 2024). This is above the national median of $131,800.
Is Alaska a good state for Petroleum Engineers?
Alaska pays above the national average for petroleum engineers, making it a competitive market for this occupation. Cost of living in Alaska is higher average (COL index: 127.1).
What is the cost-of-living adjusted salary for Petroleum Engineers in Alaska?
After adjusting for cost of living (COL index: 127.1 vs. Missouri baseline of 100), the $147,616 salary in Alaska has the purchasing power of approximately $116,142 in Missouri. Higher living costs in Alaska reduce real purchasing power.
How does Alaska compare to neighboring states for Petroleum Engineers salaries?
For detailed comparison across all states, see the full Petroleum Engineers salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Alaska
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $372,064 |
| 2 | Radiologists | $347,110 |
| 3 | Orthopedic Surgeons, Except Pediatric | $342,966 |
| 4 | Neurologists | $331,072 |
| 5 | Surgeons, All Other | $329,862 |
| 6 | Ophthalmologists, Except Pediatric | $304,506 |
| 7 | Psychiatrists | $279,774 |
| 8 | Physicians, Pathologists | $273,190 |
| Source: BLS OEWS May 2024 | ||
About Petroleum Engineers in Alaska
Petroleum Engineers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the technology sector of the U.S. economy.
Education Required: Bachelor's degree