Alaska Cost of Living

Housing costs and affordability data for 30 counties.

Average Monthly Rent

$1,221/mo

Average Home Value

$268,870

Average Owner Cost

$980/mo

5% above national average rentExplore on Map

At a Glance

Average Monthly Rent
$1,221/mo
5% above national median
Average Home Value
$268,870
5% below national median
Avg. Monthly Owner Cost
$980/mo
41% below national median
Affordability Rating
Affordable
Avg. rent under 30% of income

Housing Costs in Alaska: An Overview

The median rent in Alaska is $1,221 per month, which is 5% above the national median of $1,163. This places the state among the more expensive places to lease a home in the country.

Within Alaska, housing costs vary significantly by county. Aleutians West Census Area is the most expensive county with a median rent of $1,886 per month and a median home value of $419,100. At the other end of the spectrum, Kusilvak Census Area offers the most affordable housing, with a median rent of $832 per month and homes valued at a median of $72,700.

The average home value across Alaska counties is $268,870, 5% lower than the national median of $281,900. With a median household income of roughly $79,407, homeownership remains within reach for many households.

Before moving to Alaska, it is worth understanding the local housing landscape. Costs can swing dramatically between rural and urban counties, so researching the specific county you plan to live in is essential. Use the county-level data below to compare rent, home values, and affordability ratings so you can budget accurately for your relocation.

Distribution

Rent Distribution in Alaska

How median rents are spread across 30 counties

All Alaska Counties

CountyMedian RentHome ValueOwner CostRent/Income
Aleutians West Census Area
Expensive$1,886/mo
$419,100$2,138/mo21.0%
Kodiak Island Borough
Expensive$1,669/mo
$382,700$1,459/mo25.0%
Juneau City and Borough
Moderate$1,462/mo
$432,500$1,722/mo24.0%
Bethel Census Area
Moderate$1,454/mo
$120,600$546/mo19.0%
Anchorage Municipality
Moderate$1,453/mo
$375,900$1,933/mo29.0%
Fairbanks North Star Borough
Moderate$1,424/mo
$282,500$1,530/mo29.0%
Chugach Census Area
Moderate$1,397/mo
$330,900$1,086/mo27.0%
Ketchikan Gateway Borough
Moderate$1,388/mo
$379,000$1,501/mo29.0%
Sitka City and Borough
Moderate$1,350/mo
$442,100$1,587/mo29.0%
Northwest Arctic Borough
Moderate$1,336/mo
$162,500$728/mo19.0%
Nome Census Area
Moderate$1,328/mo
$201,000$748/mo19.0%
Bristol Bay Borough
Moderate$1,318/mo
$269,800$795/mo12.0%
Southeast Fairbanks Census Area
Moderate$1,304/mo
$262,800$684/mo22.0%
Yakutat City and Borough
Moderate$1,276/mo
$185,000$633/mo14.0%
Matanuska-Susitna Borough
Moderate$1,258/mo
$319,200$1,643/mo31.0%
Skagway Municipality
Moderate$1,228/mo
$430,000$981/mo19.0%
Petersburg Borough
Moderate$1,208/mo
$301,300$1,108/mo29.0%
North Slope Borough
Moderate$1,167/mo
$219,600$617/mo18.0%
Kenai Peninsula Borough
Moderate$1,163/mo
$297,500$1,011/mo29.0%
Dillingham Census Area
Moderate$1,085/mo
$163,800$666/mo22.0%
Wrangell City and Borough
Moderate$1,047/mo
$289,700$819/mo24.0%
Aleutians East Borough
Moderate$1,040/mo
$144,300$745/mo21.0%
Hoonah-Angoon Census Area
Affordable$986/mo
$278,300$458/mo23.0%
Copper River Census Area
Affordable$973/mo
$246,700$671/mo17.0%
Denali Borough
Affordable$938/mo
$262,000$749/mo26.0%
Lake and Peninsula Borough
Affordable$933/mo
$166,100$533/mo18.0%
Prince of Wales-Hyder Census Area
Affordable$915/mo
$221,800$545/mo23.0%
Haines Borough
Affordable$914/mo
$318,900$906/mo27.0%
Yukon-Koyukuk Census Area
Affordable$893/mo
$87,800$453/mo17.0%
Kusilvak Census Area
Affordable$832/mo
$72,700$409/mo17.0%

Compare Alaska to Other States

See how Alaska counties stack up against counties in other states. Compare rent, home values, and affordability side by side.

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Frequently Asked Questions About Alaska Housing Costs

What is the most affordable county in Alaska?
Kusilvak Census Area is among the most affordable counties in Alaska with a median rent of $832 per month.
What is the most expensive county to live in Alaska?
Aleutians West Census Area is among the most expensive counties in Alaska with a median rent of $1,886 per month and a median home value of $419,100.
How does Alaska's cost of living compare to the national average?
Alaska's average monthly rent of $1,221 is 5% above the national median of $1,163.
What is the average home value in Alaska?
The average home value across all Alaska counties is $268,870.
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