Statewide floor
New Jersey $15.92/hr vs Alaska $14.00/hr
All minimum wage comparisons
vs
New Jersey +$1.92/hr · 2026
vsNew Jersey vs Alaska Minimum Wage 2026
In 2026, New Jersey wins on the statewide minimum wage: $15.92/hour vs $14.00/hour in Alaska — a gap of $1.92/hour. At full-time (40 hrs/week), that is roughly $3,993.60 more gross income per year before taxes. This page compares floors, tip credits, local rates, and scheduled increases; use our hourly and tax calculators for take-home.
By Sammy S. · Founder · AuthorUpdated for 2026
$15.92New Jersey
$14.00Alaska
$1.92Hourly gap
$3,993.60FT annual gap
New Jersey wins · 2026
Gap: $1.92/hr · $3,993.60/yr FT ($332.80/mo)
Why New Jersey wins
- New Jersey's statewide minimum is $1.92/hr higher ($15.92 vs $14.00).
- At 40 hours/week, that is about $3,993.60 more gross pay per year ($332.80/month).
- Note: New Jersey still allows a tip credit even with the higher standard floor — tipped cash wages can be lower than the headline rate.
Side-by-side metrics
| Metric | New Jersey | Alaska |
|---|---|---|
| Statewide minimum | $15.92/hr | $14.00/hr |
| FT annual gross (40×52) | $33,113.60 | $29,120.00 |
| vs federal floor | Above federal | Above federal |
| Tip credit | Yes ($6.05 cash) | No tip credit |
| Local floors listed | 0 | 0 |
| Scheduled / indexed raises | None listed | Yes |
Pay by hours/week
Gross pay at each state's statewide minimum (before taxes).
| Hours | New Jersey / wk | Alaska / wk | New Jersey / yr | Alaska / yr |
|---|---|---|---|---|
| 20 hrs | $318.40 | $280.00 | $16,556.80 | $14,560.00 |
| 30 hrs | $477.60 | $420.00 | $24,835.20 | $21,840.00 |
| 40 hrs | $636.80 | $560.00 | $33,113.60 | $29,120.00 |
Rate history 2020–2026
Official January 1 rates from the U.S. Department of Labor for New Jersey vs Alaska.
| Year | New Jersey | Alaska | Gap |
|---|---|---|---|
| 2026 | $15.92 | $14.00 | -$1.92 |
| 2025 | $15.49 | $11.91 | -$3.58 |
| 2024 | $15.13 | $11.73 | -$3.40 |
| 2023 | $14.13 | $10.85 | -$3.28 |
| 2022 | $13.00 | $10.34 | -$2.66 |
| 2021 | $12.00 | $10.34 | -$1.66 |
| 2020 | $11.00 | $10.19 | -$0.81 |
Source: DOL WHD historical tables (Jan 1 rates).
Pros & caveats
New Jersey
Pros
- Higher state floor ($15.92 vs $14.00)
- Above the federal $7.25 floor
Cons / caveats
- Tip credit allowed — cash wage can be as low as $6.05/hr if tips cover the gap
- No automatic CPI schedule listed — raises need new legislation or ballots
Alaska
Pros
- Above the federal $7.25 floor
- No tip credit — tipped staff earn the full state minimum before tips
- Scheduled / indexed increases on the books
Cons / caveats
- Lower state floor than New Jersey ($14.00 vs $15.92)
Planning guide
How to read the New Jersey vs Alaska minimum wage comparison
New Jersey has the higher statewide minimum in 2026. Use tip credits, city floors, and take-home tools before deciding which corridor fits workers or payroll.
FT annual gap
$3,993.60/yr before taxes
Tip credits
New Jersey: allowed · Alaska: not allowed
Local floors
New Jersey: 0 major · Alaska: 0 major
Before you use this New Jersey vs Alaska wage gap
Confirm work location
Pay follows where hours are worked. City ordinances can exceed either statewide floor.
Separate tipped roles
Cash wages under a tip credit are not the full minimum until tips make up the difference.
Check effective dates
Rates are for 2026. Scheduled increases can change the gap mid-year.
Model take-home next
Convert hours with the hourly calculator, then compare state tax take-home for net pay.
Federal vs New Jersey and Alaska
The federal FLSA floor is a nationwide baseline. Workers get the highest of federal, state, or local rates that apply to their hours. This duel ranks statewide floors; local ordinances and tip credits can change the cash wage for specific jobs.
Overview
In 2026, New Jersey wins on the statewide minimum wage: $15.92/hour vs $14.00/hour in Alaska — a gap of $1.92/hour. At full-time (40 hrs/week), that is roughly $3,993.60 more gross income per year before taxes. This page compares floors, tip credits, local rates, and scheduled increases; use our hourly and tax calculators for take-home.
FAQ
New Jersey is higher at $15.92/hour versus $14.00 in Alaska ($1.92/hr gap).
About $3,993.60 more gross per year at 40 hrs/week ($332.80/month), before taxes and overtime.
New Jersey: yes — tipped cash wage around $6.05/hr. Alaska: no tip credit. Tips must still bring workers to the applicable minimum.
New Jersey lists 0 major local floors. Alaska lists 0. Employers must pay the highest applicable federal, state, or local rate.
New Jersey went from $11.00/hr (Jan 1 2020) to $15.92/hr (Jan 1 2026) (+$4.92/hr). Alaska went from $10.19/hr to $14.00/hr (+$3.81/hr). Figures are official U.S. DOL January 1 rates.
Yes. Rates reflect our 2026 minimum wage tracker (last reviewed against DOL and state labor sources). Laws change on Jan 1 / Jul 1 often — verify with each state's labor agency before payroll changes.
Convert hours with our hourly salary calculator, then run the result through the US tax calculator (or each state's calculator) for federal, state, and FICA withholdings. Minimum wage figures here are gross floors, not net pay.
Not always. New Jersey has the higher legal floor, but state income tax, FICA, and cost of living can narrow or erase the net advantage. Model both states at the same hours with the tax tools.
Employers must pay the highest applicable rate for the hours worked in that jurisdiction. Compare New Jersey and Alaska state floors here, then check local ordinances on each state page.
The ladder shows weekly and annual gross at common hour counts using each state's statewide minimum. It helps translate the hourly gap into cash flow before taxes—overtime and tips are not included.
Use related links below, the reverse matchup (Alaska vs New Jersey), or the minimum wage compare hub picker for any two states.
Compare take-home too
Wage floors are only half the story. See state tax take-home comparisons for federal + state + FICA at the same salary.
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