Engineering Fairbanks, AK Pop. 32,325

Marine Engineer Salary in Fairbanks, Alaska

The median marine engineer salary in Fairbanks, AK is $125,983 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.

City Median
$125,983
vs State Avg
+$5,815
vs National
+$29,073
Cost of Living
130%

Marine Engineer Pay in Fairbanks: What to Expect (2026)

Fairbanks offers a median marine engineer salary of $125,983, which is $5,815 above the Alaska state average of $120,168. Compared to the national median of $96,910, Fairbanks pays above average for this role.

However, Fairbanks's cost of living index is 130%, significantly above the national average. After adjusting for local costs, the $125,983 salary has an effective purchasing power of approximately $96,910. Housing, transportation, and food costs in Fairbanks should be factored into any relocation or job-change decision.

The salary range for marine engineers in Fairbanks spans from $75,400 at the 10th percentile to $197,600 at the 90th percentile — a $122,200 spread. Entry-level professionals start around $80,600, while senior marine engineers with 8+ years of experience can earn up to $188,500. Fairbanks is a smaller market (pop. 32,325), which may mean fewer openings but also less competition for available positions.

Marine Engineer Salary in Fairbanks by Experience

In Fairbanks, an entry-level marine engineer earns around $80,600, while experienced professionals earn up to $188,500 per year. The local cost of living index is 130% of the national average.

Entry Level (0-2 yrs)
$80,600
+$18,600 vs national
Mid Level (3-7 yrs)
$127,400
+$29,400 vs national
Senior Level (8+ yrs)
$188,500
+$43,500 vs national

Salary Percentiles in Fairbanks, AK

Percentile Fairbanks
10th Percentile $75,400
25th Percentile $98,800
Median (50th) $125,983
75th Percentile $161,200
90th Percentile $197,600

Marine Engineer Salary in Other Alaska Cities

How to Become a Marine Engineer in Fairbanks

Education

Most marine engineer positions require a bachelor's degree. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.

Key Skills

Naval ArchitectureMarine SystemsCADPropulsionMaritime LawProject Management

Job Outlook

Nationally, marine engineer employment is projected to grow 4% over the next decade (as fast as average). Demand in Fairbanks may vary based on local industry and population growth.

Find Marine Engineer Jobs in Fairbanks

Browse open marine engineer positions in Fairbanks, AK:

Frequently Asked Questions: Marine Engineer Salary in Fairbanks

How much does a Marine Engineer make in Fairbanks, AK? ▼
The median marine engineer salary in Fairbanks, Alaska is $125,983 per year, which is 30.0% above the national median of $96,910. Salaries range from $75,400 (10th percentile) to $197,600 (90th percentile).
How much does a Marine Engineer make per hour in Fairbanks? ▼
Based on the median annual salary of $125,983, a marine engineer in Fairbanks earns approximately $61 per hour assuming a standard 2,080-hour work year.
How does Fairbanks compare to the Alaska state average for marine engineer pay? ▼
Fairbanks's median marine engineer salary of $125,983 is 4.8% above the Alaska state average of $120,168. The local cost of living index is 130% of the national average.
What is the cost of living in Fairbanks, AK? ▼
Fairbanks has a cost of living index of 130% compared to the national average. This means a marine engineer salary of $125,983 in Fairbanks has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a marine engineer in Fairbanks? ▼
Most marine engineer positions in Fairbanks require a bachelor's degree. Key skills include Naval Architecture, Marine Systems, CAD, Propulsion. The job market is projected to grow 4% nationally over the next decade.