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Materials Science & Engineering Degree in Anchorage, AK — Salary & ROI 2026

Materials Science & Engineering degree analysis for Anchorage, AK. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$61K

COL-adjusted

Mid-Career

$131K

COL-adjusted

ROI Payback

6 yrs

in Anchorage

Cost of Living

121

index (100 = avg)

Materials Science & Engineering in Anchorage, AK Overview

Anchorage, Alaska (pop. 291,247) has 18 colleges offering Materials Science & Engineering programs. The local cost of living index of 121 is higher than average, so budget accordingly, with average rent near campus at $1,400/month. Materials Science & Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Metallurgy and Polymer Science. The adjusted starting salary in Anchorage is approximately $60,500, growing to $130,680 by mid-career.

Category

Engineering

Local Colleges

18

Public Tuition

$8,100/yr

Private Tuition

$24,000/yr

Room & Board

$19,313/yr

Avg Fin. Aid

$15,634/yr

Unemployment

3%

Graduation Rate

58%

Materials Science & Engineering Salary in Anchorage (COL-Adjusted)

Salaries adjusted for Anchorage's cost of living index of 121 (national average = 100).

Entry Level (0-2 yrs)
$60,500(+$10,500 vs national)
Mid Career (5-9 yrs)
$130,680(+$22,680 vs national)
Senior Level (15+ yrs)
$163,350(+$28,350 vs national)

Note: National average Materials Science & Engineering salary: $50,000 starting, $108,000 mid-career, $135,000 senior level.Anchorage adjustment factor: 1.21x based on the local cost of living index.

Materials Science & Engineering ROI Calculator for Anchorage

Estimate your return on investment for a Materials Science & Engineering degree using local Anchorage tuition and cost of living data.

Public avg: $8,100 | Private avg: $24,000

Anchorage avg aid: $15,634/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$109,652

tuition + room & board - aid

Annual Earnings Premium

$18,150

vs HS diploma in Anchorage

ROI Payback Period

6 years

to break even

Lifetime Return in Anchorage

$979,348

Lifetime earnings premium ($1,089,000) minus total education cost ($109,652)

Student Loan Payoff for Materials Science & Engineering in Anchorage

Standard Plan (10 years)

Loan Amount$109,652
Monthly Payment$1,245
Total Interest$39,757
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$109,652
Monthly Payment$2,145
Total Interest$19,076
Interest Savings$20,681

Colleges in Anchorage for Materials Science & Engineering

University of Alaska Anchorage

public

$8,100/yr

$32,400 total

Alaska Pacific University

private

$24,000/yr

$96,000 total

Community Colleges (2-Year Transfer)

UAA Community Campus

$4,300/yr

Top Employers for Materials Science & Engineering in Anchorage

Anchorage offers opportunities in Engineering firms, Manufacturing, Defense contractors for Materials Science & Engineering graduates. National top employers in this field include:

IntelApple3MCorningBoeing

Key Anchorage Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Materials Science & Engineering Job Titles

Materials EngineerR&D EngineerMetallurgist

Materials Science & Engineering Degree in Anchorage — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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Compare Materials Science & Engineering ROI in other cities, or explore other majors in Anchorage.

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