ANCHORAGE - The federal minimum wage is $7.25 an hour. In Alaska, it's $7.75 an hour.
It's not much, but significantly higher than not much when minimum wage was enacted in 1938.
Back then people were making $0.25. It's been raised 22 times over the past 74 years.
But many have a hard time living on minimum wage because of the cost of living. There's no question the cost of living is high in Alaska.
In Anchorage, to be able to afford a $900 apartment a person would need to make about $17 an hour.
Economists say the cost of living in rural parts of Alaska can be up to 40 percent higher than the national average.