Anesthesiologist Salary in Fairbanks, AK: $507,356 (2026)
Quick Answer:A full-time anesthesiologist in Fairbanks, AK earns a median $507,356/year (≈ $243.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Fairbanks's price level (6% above national, BEA RPP 106.1), that paycheck buys what $478,187 would nationally. Nominal pay sits 0.8% below the Alaska state average.
Based on BLS state-level estimates · View source
In 2026, anesthesiologists in Fairbanks, Alaska, command a median salary of $507,356, significantly exceeding the national median of $409,107, marking a trend of regional premium pay. The salary range spans from $294,267 at the 10th percentile to as high as $704,414 at the 90th percentile, reflecting both local market demand and individual qualifications. Factors like subspecialty fellowships, particularly in pain management or pediatrics, may enhance earning potential in this market, where comprehensive skills are increasingly sought. These projections are based on 2025 BLS data, adjusted for local cost of living and market conditions, indicating a healthy salary outlook for the profession in Fairbanks.
About the Fairbanks Market
Salary estimated from Alaska average ($380,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $294,267 | $141.47 |
| Lower Range (P25) | $365,296 | $175.62 |
| Median (P50)(typical) | $507,356 | $243.92 |
| Upper Range (P75) | $630,777 | $303.26 |
| Top Earners (P90) | $704,414 | $338.66 |
Median Salary Position
24.02% above the national average
2026 Salary Percentile Distribution in Fairbanks
In Fairbanks, AK, the anesthesiologist salary spread from the 10th to 90th percentile is $410,147 (2026 est.). At $507,356, the local median is 24.02% above the national median of $409,107.
Salary Calculator
At 40 hours/week in Fairbanks: You'd be above the median
How Fairbanks Anesthesiologist Pay Compares
Fairbanks median: $507,356/year (2026)
| Compared To | Median Salary | Fairbanks Pays |
|---|---|---|
| Alaska Average | $511,447 | -0.80% less |
| National Average | $409,107 | +24.02% more |
Anesthesiologists in Fairbanks, AK earn a median of $507,356 per year (2026 est.), which is 24.02% higher than the national median of $409,107 and 0.80% below the Alaska state average of $511,447.
Cost-of-Living Adjusted Salary
Fairbanks has a cost of living 6.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fairbanks, AK has a cost-of-living index of 106.1 (above the national average of 100). While the nominal salary of $507,356 is competitive, the higher cost of living reduces purchasing power to an effective $478,187 — a 5.75% reduction.
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2019 BLS Actual
$372,820
2025 BLS Actual
$485,508
2026 Current Est.
$507,356
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Fairbanks (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $372,820 | Actual |
| 2020 | $389,596 | Actual |
| 2021 | $407,128 | Actual |
| 2022 | $425,449 | Actual |
| 2023 | $444,594 | Actual |
| 2024 | $399,892 | Actual |
| 2025 | $485,508 | Actual |
| 2026(current) | $507,356 | Estimated |
| 2027 | $530,187 | Projected |
Based on 7 years of BLS OEWS data for the Fairbanks metropolitan area, the median anesthesiologist salary grew 30.2% from $372,820 (2019) to $485,508 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $530,187 by 2027 — a total increase of $157,367 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fairbanks metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $294,267 – $365,296 |
| 3-5 years (Mid Career) | $365,296 – $507,356 |
| 5+ years (Experienced) | $507,356 – $630,777 |
| 10+ years (Top Earner) | $630,777 – $704,414 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Fairbanks
Currently, the competitive job market in Fairbanks features only five anesthesiologists, which highlights both a demand for qualified professionals and the potential for higher compensation through strategic career moves. The cost of living in Fairbanks runs slightly above the national average with a CoL index of 106.1, affecting overall purchasing power. Among local employers, hospital systems often provide robust salary packages, while private anesthesia groups might offer advantageous equity arrangements for those pursuing partnership tracks. The disparities in pay can be attributed to case volumes, differing call responsibilities, and the leverage that subspecialty fellowships provide. For anesthesiologists looking to maximize their pay in Fairbanks, aligning with high-volume institutions and considering a transition from hospital employment to private practice can be effective strategies to enhance both earnings and career satisfaction.
More salary data for Fairbanks, AK:
Frequently Asked Questions
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $485,508 for anesthesiologistsin the Fairbanks metropolitan area. A 4.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Fairbanks is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov