Engineering Alaska (AK) Rank #4 of 50

Petroleum Engineer Salary in Alaska

The median petroleum engineer salary in Alaska is $163,432 per year, which is 24.0% above the national median of $131,800.

Median Salary
$163,432
vs National
+$31,632
State Rank
#4 of 50
Cost of Living
124%

Petroleum Engineer Salary Overview in Alaska (2026)

Alaska ranks #4 out of 50 states for petroleum engineer compensation. This places Alaska in the top tier nationally, making it one of the best states for petroleum engineers seeking high pay. At $163,432 per year, petroleum engineers in Alaska earn $31,632 more than the national median of $131,800.

It's worth noting that Alaska's cost of living is 124% of the national average, which reduces the real purchasing power of the $163,432 salary. After adjusting for cost of living, the effective salary is closer to $131,800.

The salary spread in Alaska is significant: petroleum engineers at the 10th percentile earn $99,200, while those at the 90th percentile bring home $250,480 — a $151,280 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alaska for this role is Juneau, where the median reaches $177,930.

Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for petroleum engineers across the country.

Petroleum Engineer Salary in Alaska by Experience

In Alaska, an entry-level petroleum engineer earns around $104,160, while experienced professionals earn up to $241,800 per year. The cost of living index in Alaska is 124% of the national average.

Entry Level (0-2 yrs)
$104,160
+$20,160 vs national
Mid Level (3-7 yrs)
$166,160
+$32,160 vs national
Senior Level (8+ yrs)
$241,800
+$46,800 vs national

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Salary Percentiles in Alaska

Percentile AK Salary
10th Percentile $99,200
25th Percentile $126,480
Median (50th) $163,432
75th Percentile $208,320
90th Percentile $250,480

Petroleum Engineer Salary by City in Alaska

The largest employment areas for petroleum engineers in Alaska include Anchorage, Fairbanks, Juneau, and Sitka. Salaries vary by city based on local cost of living and demand.

How to Become a Petroleum Engineer in Alaska

Education

Most petroleum engineer positions require a bachelor's degree. Alaska has several accredited institutions offering relevant programs.

Key Skills

Reservoir EngineeringDrillingGeologySimulation SoftwareProject ManagementData Analysis

Job Outlook in Alaska

Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). Alaska's demand may vary based on local industry trends.

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Frequently Asked Questions: Petroleum Engineer Salary in Alaska

How much does a Petroleum Engineer make in Alaska? ▼
The median petroleum engineer salary in Alaska is $163,432 per year, which is 24.0% above the national median of $131,800. Salaries range from $99,200 (10th percentile) to $250,480 (90th percentile).
How much does a Petroleum Engineer make per hour in Alaska? ▼
Based on the median annual salary of $163,432, a petroleum engineer in Alaska earns approximately $79 per hour assuming a standard 2,080-hour work year.
Is Alaska a good state for petroleum engineers? ▼
Alaska ranks #4 out of 50 states for petroleum engineer pay. The cost of living index is 124% of the national average. Entry-level petroleum engineers earn $104,160, while senior professionals earn $241,800.
How does Alaska compare to other states for petroleum engineer salary? ▼
The highest paying state for petroleum engineers is Hawaii at $224,060. Alaska's median of $163,432 ranks #4 nationally. Nearby-ranked states include California ($181,884) and Massachusetts ($177,930).
What is the entry-level petroleum engineer salary in Alaska? ▼
An entry-level petroleum engineer in Alaska earns approximately $104,160 per year. With 3-7 years of experience, pay increases to around $166,160. Senior-level professionals with 8+ years earn up to $241,800.
What city in Alaska pays petroleum engineers the most? ▼
Juneau is the highest paying city in Alaska for petroleum engineers, with a median salary of $177,930. Other cities include Anchorage and Fairbanks.