Veterinarian Salary in Fairbanks, AK
How much does a veterinarian make in Fairbanks? Explore median, entry-level, and senior salaries adjusted for Fairbanks's cost of living.
Salary Breakdown by Experience Level
See how veterinarian salaries break down across different pay periods in Fairbanks.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $107,401 | $165,840 | $229,017 |
| Monthly | $8,950 | $13,820 | $19,085 |
| Biweekly | $4,131 | $6,378 | $8,808 |
| Weekly | $2,065 | $3,189 | $4,404 |
| Hourly | $52 | $80 | $110 |
Fairbanks vs National Average
How Fairbanks's veterinarian salaries compare to national figures.
Cost of Living in Fairbanks
About Veterinarian
Overview
Provide medical care for animals including diagnosis and treatment.
Education
Doctor of Veterinary Medicine (DVM); licensure required
Key Skills
Growth Rate
Expected job growth: +16% over the next decade
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Veterinarian Salary in Fairbanks, AK — Complete Guide
Median Salary Overview
The median salary for a veterinarian in Fairbanks, AK is $165,840 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Fairbanks's unique economic conditions.
Salary Range and Experience Levels
Entry-level veterinarian professionals in Fairbanks can expect to earn around $107,401 annually. As professionals gain experience, salaries typically increase, with senior-level veterinarians earning approximately $229,017 per year. This represents a 113% increase from entry to senior level.
Cost of Living Adjustment
Fairbanks's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fairbanks are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $133,850, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a veterinarian's salary in Fairbanks typically goes toward housing. With a 1-bedroom apartment averaging $1,200 per month, housing represents about 8.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Veterinarians are in growing demand across the United States, with an expected job growth of 16% over the next decade. In Fairbanks, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.