What’s the Value of Alaska Airlines Miles?

Nov 5, 2021

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

If you’re a frequent West Coast flyer, or just someone with a bunch of Alaska Airlines miles, you’re probably curious how much those miles are actually worth.

The short answer is this: We peg the value of Alaska miles at 1.1 cents each. This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. In other words, you should aim for award redemptions that offer 1.1 cents or more in value from your Alaska miles.

Alaska miles can be “worth” much more when booking business class tickets (see below), but this is relative, since business class tickets are moreso expensive when using cash.

What does this value mean?

Our estimated value of 1.1 cents per Alaska mile provides a lower-end value you can use to determine the relative value of your own redemptions. It is based on comparing main cabin fares using both cash and miles, across several dates and destinations.

In other words, this is the value you can expect to get from your Alaska miles without seeking particularly high-value redemptions. This means you can get more value by looking for sweet spots and using more advanced award techniques. It also means you can end up getting lower value than this if you’re not careful and book the first award ticket you find.

How do Alaska miles compare to other airlines?

Alaska miles have an average value compared to other airlines. However, because Alaska miles are earned based on distance flown rather than the amount spent, it is relatively easy to earn a lot of these miles.

Program

Mile value

1.1 cents.

1.2 cents.

1.3 cents.

0.7 cent.

1 cent.

1.5 cents.

1.4 cents.

1 cent.

How to convert Alaska miles to dollars

Use this calculator to determine the value of any number of Alaska miles, based on our valuation.

What is the value of Alaska miles when booking business class?

For our overall valuation, we only compared main cabin fares. You can get considerably more value from Alaska miles when booking business class tickets, especially with Alaska’s international partners.

Main cabin value (cents)

Business class value (cents)

Alaska Mileage Plan

1.1 cents.

2.8 cents.

Keep in mind that this value is relative. Business class award fares offer more value in part because these cash tickets are so expensive.

When is the best time to use Alaska miles?

Now we’re getting seriously nerdy. We compared the value of using Alaska Mileage Club miles when booking at three different timeframes: 15 days before departure, 180 days before departure, and during peak holiday travel (Dec. 22 - 29).

Overall, we didn’t see much difference for main cabin fares, but the value of business class fares differed significantly by booking time frame, with the most valuable bookings occurring within 15 days of departure. This is likely due to the increased cost of these tickets when booking last minute.

How flexible are Alaska miles?

Simply put, Alaska has some of the best and most diverse global partners of any major U.S. airline, and its miles can be used to great effect by booking partner flights. Some partners to target with your award searches include:

  • Japan Airlines.

  • Cathay Pacific.

  • Qantas.

How did we determine the value of Alaska miles?

We collected hundreds of data points comparing the cash value to award (mile) value for the same routes and dates. That is, we compared the cost of a given ticket in either cash or miles, across many tickets.

This method differs from others in that it looks at actual redemptions rather than hypothetical, maximized redemptions. The advantage of this approach is that it provides a real-world indication of how much these miles are worth, on average. That said, it doesn’t take into account the high-value redemptions that points enthusiasts seek.

Wondering what you can do with those miles? Check out our guide to redeeming Alaska miles, as well as some Alaska award sweet spots to consider.

Frequently asked questions
How much are 10,000 Alaska miles worth?

Based on our analysis, 10,000 Alaska miles are worth about $110.

How much are 25,000 Alaska miles worth?

Based on our analysis, 25,000 Alaska miles are worth about $275.

How much are 50,000 Alaska miles worth?

Based on our analysis, 50,000 Alaska miles are worth about $550.

How much are 80,000 Alaska miles worth?

Based on our analysis, 80,000 Alaska miles are worth about $880.

How much are 100,000 Alaska miles worth?

Based on our analysis, 100,000 Alaska miles are worth about $1,100.

partner programs

IHG® One Rewards
Get exclusive benefits and earn points faster
World of Hyatt
Enjoy free nights, member rates and more
Alaska Mileage Plan
Join Mileage Plan and Save $25 on your next flight
IHG® Rewards Program

IHG® One Rewards

Wherever you go, however you stay, IHG One Rewards offers rewards for every one.

on IHG One Rewards’ website

Highlights:
  1. Cheers to new tiers: New tiers allow members to earn points faster.
  2. Piling on the perks: New members benefits that enhance every stay
  3. Milestone Rewards: Allows members to choose their rewards.
Highlights
  1. Cheers to new tiers: New tiers allow members to earn points faster.
  2. Piling on the perks: New members benefits that enhance every stay
  3. Milestone Rewards: Allows members to choose their rewards.

on IHG One Rewards’ website

World of Hyatt

World of Hyatt

With the World of Hyatt loyalty program, enjoy a world of rewards designed to revolve around you.

on Hyatt's website

Highlights:
  1. Earn points for things you already enjoy with Hyatt
  2. Use your points for free nights at more than 1,100 hotels around the world
  3. Three elite tiers to unlock exceptional benefits - room upgrades and more.
Highlights
  1. Earn points for things you already enjoy with Hyatt
  2. Use your points for free nights at more than 1,100 hotels around the world
  3. Three elite tiers to unlock exceptional benefits - room upgrades and more.

on Hyatt's website

logo image

Alaska Mileage Plan

Mileage Plan is Alaska's loyalty program for anyone who loves to travel and is free to join!

on Alaska's website

Highlights:
  1. Join Mileage Plan and Save $25 on your next flight
  2. Our members earn 30% more miles on average than other airlines
  3. You earn based on how far you fly, not how much you spend
Highlights
  1. Join Mileage Plan and Save $25 on your next flight
  2. Our members earn 30% more miles on average than other airlines
  3. You earn based on how far you fly, not how much you spend

on Alaska's website

Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.