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Mechanical Engineers Salary in Fairbanks-College, AK

The median pay for a mechanical engineers in Fairbanks-College, AK is $117,060/year ($56.28/hour), per BLS data. The range runs from $81K at the entry level to $154K for experienced workers. Adjusted for local prices (RPP 103.21), that's roughly $113,419 in purchasing power. Rent on a 2-bedroom averages $1,676/month, or 21.4% of estimated take-home pay.

AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)

$117K
Median annual
$56.28/hr
Hourly rate
$81K
Entry level (10th %)
$154K
Senior level (90th %)

So what does $117K get you in Fairbanks-College?

Take-home$7,562/mo
2BR rent (FMR)-$1,676/mo
Rent burden22.2%
COL-adjusted salary$113,419/yr
After rent$5,886/mo
See how this compares in other cities →

About mechanical engineers

U.S. employed: 40
Category: Engineering
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Currently hiring in Fairbanks-College, AK
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Compensation breakdown

Annual earnings by percentile, Fairbanks-College, AK

Bar chart showing Mechanical Engineers salary percentiles in Fairbanks-College, AK: 10th percentile $81,340, 25th percentile $101,530, median $117,060, 75th percentile $134,680, 90th percentile $154,410. Source: Bureau of Labor Statistics.10th$81K25th$102KMedian$117K75th$135K90th$154K
Bar chart showing Mechanical Engineers salary percentiles in Fairbanks-College, AK: 10th percentile $81,340, 25th percentile $101,530, median $117,060, 75th percentile $134,680, 90th percentile $154,410. Source: Bureau of Labor Statistics.

Entry-level mechanical engineers (10th percentile) start around $81K. Mid-career wages sit at $117K.Top earners bring in $154K or more - a $73K spread from bottom to top.

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Mechanical Engineers pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
New Mexico$141K+38%1,690
District of Columbia$130K+27%590
Alaska$130K+27%530
California$126K+24%27,090
Massachusetts$123K+20%9,430
Wyoming$117K+14%300
Rhode Island$115K+13%1,400
Louisiana$114K+11%1,650
Maryland$112K+9%6,330
Washington$109K+7%9,350
Texas$108K+6%18,790
New Jersey$107K+5%4,440
Connecticut$107K+4%5,310
Delaware$106K+4%530
South Carolina$105K+3%5,060

Track mechanical engineers salary changes

BLS updates this data quarterly. We'll email you when Fairbanks-College numbers change.

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Frequently asked questions

How much do mechanical engineers make in Fairbanks-College, AK?

The median is $117,060 a year - that works out to about $56.28 an hour. The range is wide: entry-level workers start around $81,340, and experienced mechanical engineers can clear $154,410. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $117K enough to live in Fairbanks-College?

On that salary, you'd take home roughly $7,562/month after taxes. A 2-bedroom here rents for about $1,676/month (HUD Fair Market Rent), which eats 22.2% 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 $113,419 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.

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