Psychiatrist Salary in Anchorage, AK (2026)
Median Psychiatrist salary in Anchorage is approximately $300,000/year — 20.0% above the US national average.
Salary breakdown — Anchorage
After-tax estimate
| City | Cost mult. | Estimated annual | vs Anchorage |
|---|---|---|---|
| Yonkers, NY | 1.20× | $300,000 | +$0 |
| San Diego, CA | 1.21× | $302,500 | +$2,500 |
| Los Angeles, CA | 1.22× | $305,000 | +$5,000 |
| Seattle, WA | 1.18× | $295,000 | -$5,000 |
| Boston, MA | 1.22× | $305,000 | +$5,000 |
Psychiatrist salaries in Anchorage, AK
The estimated median Psychiatrist salary in Anchorage, Alaska is $300,000/year, working out to approximately $144/hour at full-time, $11,538 per biweekly paycheck, or $25,000/month before taxes. Anchorage's cost-of-living multiplier of 1.20× national reflects local prices, housing costs, and employer concentration in this metro area.
Compared to the Alaska state average for this role ($282,500), Anchorage pays about $17,500 more. This typically reflects how the metro area's cost of living and employer density differ from the state as a whole.
Take-home pay in Anchorage
Of the gross $300,000, you take home roughly $235,050 after:
- Federal income tax (~14% effective at this income)
- FICA — Social Security 6.2% + Medicare 1.45% = 7.65%
- Alaska state income tax (none)
- Anchorage has no local income tax
That works out to about $19,588/month after-tax — useful for budgeting rent (typically 25–35% of net income), savings (15–20% target), and other expenses. For an exact calculation including 401(k), HSA, and your filing status, use our Anchorage Paycheck Calculator.
What affects your actual pay
- Experience: entry-level often 25–35% below median; senior roles 40–60%+ above.
- Specific employer: top-tier employers in Anchorage pay 10–25% above market for the same role.
- Industry: a Software Engineer at a tech company in Anchorage typically out-earns one at a non-tech employer.
- Negotiation: simply negotiating an offer can shift comp by 5–15%.
- Education and credentials: degrees and licenses (especially for healthcare, legal, engineering) can move comp by 15–30%.
- Remote vs in-office: many Anchorage employers now base pay on cost of living, with remote workers in cheaper metros paid less.
Related calculators
Psychiatrist Salary in Alaska — state-level average. Salary Calculator — convert hourly ↔ annual. Anchorage Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Investment Calculator — long-term portfolio growth.