Mechanical Engineers Salary
The median pay for a mechanical engineers in Fairbanks-College, AK is $122,760/year ($59.02/hour), per BLS data. The range runs from $68K at the entry level to $174K for experienced workers. Adjusted for local prices (RPP 103.21), that's roughly $118,942 in purchasing power. Rent on a 2-bedroom averages $1,676/month, or 21.2% of estimated take-home pay.
So what does $123K get you in Fairbanks-College?
Groceries, utilities, transportation, and healthcare scaled from national averages by Fairbanks-College’s Regional Price Parity (103.21). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About mechanical engineers
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What this looks like in Fairbanks-College
Fairbanks-College sits well above the national pay line for mechanical engineers, local pay runs about 18% higher than the U.S. median of $104K. Housing is manageable: a 2-bedroom at the HUD median costs $1,676/month, 21.2% of take-home, well inside the 30% guideline. Cost of living (RPP 103.21) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Fairbanks-College offers a genuinely strong financial position for mechanical engineerss at the median.
Compared to nearby metros
Median pay for mechanical engineers in metros near Fairbanks-College, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Anchorage | $122K | $115K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Fairbanks-College, AK
Entry-level mechanical engineers (10th percentile) start around $68K. Mid-career wages sit at $123K. Top earners bring in $174K or more, a $106K spread from bottom to top.
Mechanical Engineers pay across states
Median income ranked highest to lowest, compared to the national figure
View Mechanical Engineers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Mexico | $158K | +51% | 2,710 |
| District of Columbia | $133K | +28% | 510 |
| California | $131K | +26% | 30,530 |
| Delaware | $125K | +20% | 610 |
| Colorado | $124K | +20% | 7,190 |
| Alaska | $124K | +19% | 380 |
| Maryland | $123K | +18% | 6,550 |
| Louisiana | $120K | +15% | 1,890 |
| Massachusetts | $119K | +15% | 7,680 |
| Wyoming | $118K | +13% | 230 |
| Rhode Island | $116K | +12% | 1,560 |
| Texas | $112K | +8% | 22,080 |
| New Jersey | $112K | +8% | 4,180 |
| Washington | $110K | +6% | 8,240 |
| Vermont | $107K | +3% | 530 |
| Connecticut | $105K | +1% | 4,600 |
| Michigan | $105K | +1% | 34,630 |
| South Carolina | $105K | +0% | 5,780 |
| Virginia | $104K | +0% | 7,470 |
| New Hampshire | $104K | -0% | 2,760 |
| Oregon | $103K | -1% | 2,920 |
| Illinois | $103K | -1% | 11,790 |
| Nevada | $103K | -1% | 1,410 |
| Utah | $103K | -2% | 3,370 |
| New York | $102K | -2% | 8,590 |
| Maine | $102K | -2% | 890 |
| Oklahoma | $102K | -2% | 2,270 |
| Kentucky | $101K | -3% | 4,170 |
| North Carolina | $101K | -3% | 9,560 |
| Georgia | $101K | -3% | 5,290 |
| Arizona | $100K | -4% | 5,050 |
| Alabama | $100K | -4% | N/A |
| Florida | $100K | -4% | 10,740 |
| Indiana | $100K | -4% | 8,690 |
| Tennessee | $100K | -4% | 3,930 |
| Missouri | $99K | -5% | 4,870 |
| Minnesota | $99K | -5% | 5,890 |
| Ohio | $99K | -5% | 14,390 |
| Hawaii | $99K | -5% | 530 |
| Mississippi | $98K | -6% | 1,570 |
| Pennsylvania | $98K | -6% | 13,550 |
| Iowa | $98K | -6% | 3,470 |
| West Virginia | $97K | -6% | 760 |
| Wisconsin | $96K | -8% | 7,470 |
| Montana | $94K | -10% | 500 |
| Idaho | $93K | -10% | 1,070 |
| South Dakota | $88K | -15% | 560 |
| Nebraska | $88K | -15% | 950 |
| North Dakota | $86K | -17% | 790 |
| Kansas | $86K | -17% | 4,630 |
| Arkansas | $80K | -23% | 1,410 |
Showing 1–10 of 51 (all 50 states + DC)
Track mechanical engineers salary changes
BLS updates this data quarterly. We'll email you when Fairbanks-College numbers change.
Related careers in Engineering
Frequently asked questions
Can a mechanical engineer afford a 2BR apartment alone in Fairbanks-College?
Yes — at the median salary of $123K, rent takes 21.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,676/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for mechanical engineers in Fairbanks-College?
The 10th-percentile wage — what new mechanical engineers typically earn — is $68K/year. Take-home on that works out to about $4,085/month. At HUD’s $1,676/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is mechanical engineer a high-paying job in Fairbanks-College?
Local pay is 18% above the national median — $123K here vs. $104K nationally.
How does Fairbanks-College compare to the national average for mechanical engineers?
Fairbanks-College pays $123K median vs. the U.S. average of $104K — that’s +18%. After adjusting for local cost of living (RPP 103.21), the purchasing-power equivalent is $119K — still ahead of the national median.
How much do mechanical engineers make in Fairbanks-College, AK?
The median is $122,760 a year, that works out to about $59 an hour. But the range is wide: entry-level workers start around $68,080, and experienced mechanical engineers can clear $174,320. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $123K enough to live in Fairbanks-College?
On that salary, you'd take home roughly $7,888/month after taxes. A 2-bedroom here rents for about $1,676/month, which eats 21.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a mechanical engineers salary go in Fairbanks-College?
Fairbanks-College has a Regional Price Parity of 103.21 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median mechanical engineers salary is worth about $118,942 in national-average purchasing power.
Where do mechanical engineers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.