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Heavy and Tractor-Trailer Truck Drivers: Anchorage vs Minneapolis

Anchorage, AK pays about 3.1% more for heavy and tractor-trailer truck drivers on paper — $66,190 vs $64,200. But once you factor in what it costs to live there, Anchorage comes out ahead by $1,990 a year in real buying power.

Anchorage, AK

Median salary

$66,190

25th percentile

$57,730

75th percentile

$75,260

Hourly

$31.82

Cost index

100

Real buying power

$66,190/yr

Median adjusted for local cost of living.

Full Anchorage salary page

Minneapolis, MN

Median salary

$64,200

25th percentile

$58,440

75th percentile

$75,280

Hourly

$30.87

Cost index

100

Real buying power

$64,200/yr

Median adjusted for local cost of living.

Full Minneapolis salary page

What the numbers mean in practice

The headline gap is $1,990 a year (3.1%) in favor of Anchorage. That is the raw salary difference before any living costs.

Anchorage runs a cost index of 100 against the national baseline of 100; Minneapolis sits at 100. After adjusting the median for those costs, Anchorage is the better deal by $1,990 a year — that is what each paycheck actually buys locally.

If you are weighing a move from Minneapolis to Anchorage for this role, the raise needs to beat 3.1% to come out ahead after living costs. Anything below that and you are earning more on paper but keeping less.

Common questions

Where do heavy and tractor-trailer truck drivers earn more, Anchorage or Minneapolis?

Anchorage pays $66,190 on median — about 3.1% more than Minneapolis ($64,200). Based on BLS Occupational Employment and Wage Statistics.

Which city is the better deal after living costs?

Anchorage. Once you divide each median by the local cost index, Anchorage gives you roughly$66,190 of real buying power versus $64,200 in the other city.

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Heavy and Tractor-Trailer Truck Drivers Salary: Anchorage vs Minneapolis | LocalSalaryHub