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Nursing Degree in Anchorage, AK — Salary & ROI 2026

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

Starting Salary

$82K

COL-adjusted

Mid-Career

$99K

COL-adjusted

ROI Payback

2.7 yrs

in Anchorage

Cost of Living

121

index (100 = avg)

Nursing in Anchorage, AK Overview

Anchorage, Alaska (pop. 291,247) has 18 colleges offering Nursing 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. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Anchorage is approximately $82,280.

Category

Healthcare

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%

Nursing Salary in Anchorage (COL-Adjusted)

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

Entry Level (0-2 yrs)
$82,280(+$14,280 vs national)
Mid Career (5-9 yrs)
$99,220(+$17,220 vs national)
Senior Level (15+ yrs)
$114,950(+$19,950 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Anchorage adjustment factor: 1.21x based on the local cost of living index.

Nursing ROI Calculator for Anchorage

Estimate your return on investment for a Nursing 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

$39,930

vs HS diploma in Anchorage

ROI Payback Period

2.7 years

to break even

Lifetime Return in Anchorage

$737,348

Lifetime earnings premium ($847,000) minus total education cost ($109,652)

Student Loan Payoff for Nursing in Anchorage

Standard Plan (10 years)

Loan Amount$109,652
Monthly Payment$1,245
Total Interest$39,757
% of Monthly Income18%

Aggressive Plan (5 years)

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

Colleges in Anchorage for Nursing

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 Nursing in Anchorage

Anchorage offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Anchorage Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing 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.

Explore More

Compare Nursing ROI in other cities, or explore other majors in Anchorage.

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