Wage Benchmark Overview
Median Annual Salary
$40,500$19.47 per hour · $3,375 monthlyRun the numbers on your own pay
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Take-Home Pay Explorer
Cooks, Restaurant Wage Percentiles in Fairbanks-College, AK
Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.
| Earning Tier | Hourly Wage | Monthly Gross | Annual Gross | Est. Annual Net (AK) |
|---|---|---|---|---|
| 10th Percentile | $17.55/hr | $3,042 | $36,500 | $31,508 |
| 25th Percentile | $17.84/hr | $3,092 | $37,100 | $31,990 |
| Median (50th Percentile)Metro Benchmark | $19.47/hr | $3,375 | $40,500 | $34,722 |
| 75th Percentile | $21.39/hr | $3,708 | $44,500 | $37,936 |
| 90th Percentile | $22.69/hr | $3,933 | $47,200 | $40,105 |
Cost of Living & Purchasing Power in Fairbanks-College, AK
A dollar does not buy the same basket of goods everywhere. Compare how $$40,500 measures up against local economic conditions:
Explore Related Salary & Regional Profiles
Compare restaurant cooks salaries statewide and examine overall earnings in Alaska:
Frequently Asked Questions About Cooks, Restaurant Pay in Fairbanks-College, AK
What is the median salary for restaurant cooks in Fairbanks-College, AK?
The official BLS median annual wage for restaurant cooks in Fairbanks-College, AK is $40,500, which equates to approximately $3,375 per month or $19.47 per hour for a 2,080-hour work year.
What is the hourly pay for restaurant cooks in Fairbanks-College, AK?
The median hourly wage for restaurant cooks in Fairbanks-College, AK is $19.47 per hour based on the BLS survey. One in ten earned less than $17.55/hour and one in ten earned more than $22.69/hour.
What is the pay range for restaurant cooks in Fairbanks-College, AK?
BLS wage estimates for restaurant cooks in Fairbanks-College, AK span from $36,500 at the 10th percentile to $37,100 at the 25th, $44,500 at the 75th, and $47,200 at the 90th. These are wage distribution points, not experience levels.
How much do restaurant cooks take home after taxes in Fairbanks-College, AK?
On a median gross salary of $40,500, an estimated $34,722 lands in net take-home pay per year ($1,335 biweekly) for a single filer claiming the standard deduction in Alaska in 2026. Total tax withholding equals $5,778 (an effective rate of 14.3%).
How much do restaurant cooks make per month in Fairbanks-College, AK?
On the median annual salary of $40,500, gross monthly income is $3,375. After federal, FICA, and Alaska state income taxes, estimated net take-home pay is $2,893 per month (or $1,335 every two weeks).
Is $40,500 a good salary in Fairbanks-College, AK?
At $40,500, the median salary for restaurant cooks is 45.9% of the Fairbanks-College, AK median household income ($88,267). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 103.2, making regional consumer goods and services 3.2% more expensive than the U.S. average.