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Mechanical engineer · Fairbanks, AK

Mechanical engineer in Fairbanks: $4,198/mo left

BLS OEWS May 2025 puts the median mechanical engineer wage in Fairbanks at $122,760 a year. About 50 mechanical engineer jobs are in the metro. The job is a smaller share of local employment than nationwide (location quotient 0.69). The 10th percentile is $68,080 and the 90th is $174,320. Pay ranks 22nd-highest of 345 metros with a published median for this job. Pay is 7.4× a year of one-bedroom rent ($1,378/mo). Alaska has no state income tax. At this pay, one adult in a one-bedroom keeps $4,198 a month after tax and rent. Within 250 miles, Anchorage is the strongest other metro for this job ($4,139 left over a month), and Fairbanks still leaves more.

Source: BLS OEWS May 2025.

Left over each month

$4,198

1 adult, 1 bd

Pay

$122,760

$68,080 to $174,320

Rent (1 bd)

$1,378

$1,640 (2 bd)

Employment

50

Location quotient 0.69

Pay rank

22nd of 345

Metros with a published median

Pay vs rent

7.4×

Annual pay ÷ a year of 1 bd rent

Where the money goes

1 adult, 1 bd, mechanical engineer pay of $122,760.

  • Taxes$2,342
  • Rent$1,378
  • Other living costs$2,312
  • Left over$4,198

Pay and tax, per year

Gross household pay
$122,760
Federal income tax
−$18,709
Social Security and Medicare
−$9,391
State income tax (AK)
None
Take-home pay
$94,659
Effective tax rate
22.9%

Living costs, per month

Rent, 1br
$1,378
Groceries
$457
Getting around
$656
Healthcare
$514
Utilities and internet
$286
Everything else
$400
Total spending
$3,690

Left over each month

$10,230 gross, minus $2,342 in tax and $3,690 in living costs.

$4,198

Rank every metro for a mechanical engineer

Same job. Local pay. After tax and rent. Best nearby: Anchorage, $4,139/mo.

Mechanical engineer leftover by city →Best cities for mechanical engineers to move to →

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Other jobs in Fairbanks

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Questions

What does a mechanical engineer make in Fairbanks?

$122,760 a year. That figure is the BLS OEWS May 2025 median for the metro. About 50 mechanical engineer jobs are in the metro.

What is left after tax and rent for a mechanical engineer in Fairbanks?

$4,198 a month for one adult in a one-bedroom. Alaska has no state income tax Rent is $1,378, and pay covers 7.4× a year of it.

Where nearby would a mechanical engineer keep more?

Fairbanks leaves more than the other metros within 250 miles. The next one is Anchorage at $4,139 a month.