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Alaska Permanent Fund Dividend (PFD)
Statewide, AK
$1,702 · Active
Offer: Annual state dividend ($1,702 in 2024, variable yearly)
Who it's for: any state resident
Requirements: Reside in Alaska full calendar year. Intend to remain resident indefinitely. Annual payout; not designed as move incentive but functions as one.
What $1,702 actually buys in AK
A headline figure only means something against local prices. At a typical AK metro's median rent of $1,770/mo, this award covers about 1 months of rent.
It is worth 0.4% of a median home ($422,103) and 1.8% of median household income ($93,016). Useful toward moving costs, but small next to what a year of living there costs.
What it costs to live in AK
Before the incentive, AK itself is 45 of the 48 states we cover on cost of living, counting from the cheapest, with a typical index of 106.8 (US = 100). A typical home runs $422,103 and rent $1,770/mo.
AK levies no state income tax, which is worth factoring in alongside the award itself — it recurs every year, whereas the incentive is usually one-off. Effective property tax is around 1.2% of home value.
How this compares
At $1,702, this is the 32 th largest cash relocation offer of the 32 we track. Several programs pay more, so it is worth comparing before committing.
Source: NOTE: This is a state dividend, not a move incentive program. Ongoing since 1976.. Programs change often — confirm current terms on the official page. SalaryCompareTool is not affiliated with this program.