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Construction Manager Salary in Anchorage, AK

How much does a construction manager make in Anchorage? Explore median, entry-level, and senior salaries adjusted for Anchorage's cost of living.

Median Salary
$136,400
per year in Anchorage
Entry Level
$81,840
Starting salary
Senior Level
$186,653
Experienced professionals
Cost of Living
171
71% above national avg

Salary Breakdown by Experience Level

See how construction manager salaries break down across different pay periods in Anchorage.

PeriodEntry LevelMedianSenior
Annual$81,840$136,400$186,653
Monthly$6,820$11,367$15,554
Biweekly$3,148$5,246$7,179
Weekly$1,574$2,623$3,589
Hourly$39$66$90

Anchorage vs National Average

How Anchorage's construction manager salaries compare to national figures.

Anchorage Salary
$136,400
COL Index: 171
National Average
$117,290
COL Index: 100
Difference
+$19,110
Higher in Anchorage

Cost of Living in Anchorage

1-Bedroom Rent
$2,450
per month
Median Income
$73,456
per year
Population
290,797
residents
Rent % of Income
40.0%
median household
Cost of Living Index: 171 — A score of 100 represents the U.S. average. Salaries in Anchorage have been adjusted to account for local cost differences.

About Construction Manager

Overview

Oversee construction projects and manage contractors and budgets.

Education

Bachelor's degree in Construction Management; field experience required

Key Skills

Project ManagementBudget ControlSafety ManagementLeadership

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Construction Manager Salary

See Construction Manager salaries in other top cities.

New York, NY
$138,000
+1%
Los Angeles, CA
$128,730
-6%
Chicago, IL
$118,830
-13%
Houston, TX
$101,850
-25%
Phoenix, AZ
$111,550
-18%

Financial Tools to Explore

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Cost of Living Calculator

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Construction Manager Salary in Anchorage, AK — Complete Guide

Median Salary Overview

The median salary for a construction manager in Anchorage, AK is $136,400 per year, adjusted for the local cost of living index of 171. This figure reflects typical earnings for experienced professionals in this role, considering Anchorage's unique economic conditions.

Salary Range and Experience Levels

Entry-level construction manager professionals in Anchorage can expect to earn around $81,840 annually. As professionals gain experience, salaries typically increase, with senior-level construction managers earning approximately $186,653 per year. This represents a 128% increase from entry to senior level.

Cost of Living Adjustment

Anchorage's cost of living index of 171 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Anchorage are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $117,290, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a construction manager's salary in Anchorage typically goes toward housing. With a 1-bedroom apartment averaging $2,450 per month, housing represents about 21.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Construction Managers are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Anchorage, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.