Cost of Living in Bristol Bay Borough, Alaska

$1,318/mo
Median Monthly Rent
$269,800
Median Home Value

At a Glance

Median Monthly Rent
$1,318/mo
8% above state average
Median Home Value
$269,800
4% below national
Rent-to-Income Ratio
12.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bristol Bay Borough Compares

Median monthly rent comparison

Bristol Bay Borough$1,318/mo
Alaska Average$1,221/mo
National Median$1,163/mo

Detailed Housing Stats

$1,318/mo
Median Gross Rent
$269,800
Median Home Value
$795/mo
Monthly Owner Cost
12.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bristol Bay Borough ranks #2,002 of 3,144 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bristol Bay Borough, Alaska

Bristol Bay: Alaska's Most Affordable

Renters spend just 15.7% of income on housing, well below Alaska's 18.6% state average and comfortably under the national affordability threshold of 30%. With a median household income of $100,625, Bristol Bay offers among Alaska's strongest income-to-housing ratios.

Best Affordability in Alaska

Bristol Bay's 15.7% rent-to-income ratio ranks as Alaska's most affordable rental market, beating the state average by nearly 3 percentage points. This remote borough proves that geographic isolation doesn't automatically mean unaffordable housing.

Outpacing Remote Alternatives

Bristol Bay's median rent of $1,318 undercuts Bethel ($1,454) and Aleutians West ($1,886) while serving a comparable or higher median income. Home values of $269,800 position Bristol Bay as the most economically balanced remote area in Alaska.

Income-Friendly Housing Market

Renters dedicate just $1,318 monthly to a $100,625 annual income—only 15.7% of earnings—while homeowners spend $795 monthly on properties averaging $269,800. Bristol Bay delivers what's rare in Alaska: strong income alongside reasonable housing costs.

Bristol Bay: Consider for Relocation

If moving to remote Alaska appeals, Bristol Bay balances affordability with solid incomes better than nearly any competitor. Its 15.7% rent-to-income ratio and $1,318 median rent make it worth serious consideration against Anchorage and other urban alternatives.

Cost of Living Advisory: Bristol Bay Borough

Affordability Verdict

Bristol Bay Borough offers affordable rental housing at a median of $1,318/month — about 15.7% of the typical household income here.

Rent vs. Own

Renters in Bristol Bay Borough pay $1,318/month on average, compared to $795/month for homeowners. This market favors buyers by about 40%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $52,720/year. For owner costs at the 28% rule, the required income is roughly $34,071/year. With a median household income of $100,625, most households can comfortably afford rent here. Notably, 12.0% of renter households in Bristol Bay Borough are cost-burdened, spending more than 30% of income on housing.

Regional Context

Bristol Bay Borough sits 5% more expensive than Matanuska-Susitna Borough ($1,258/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Bristol Bay Borough

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$2,348

per month

Owner Cost Burden

9.5%

of gross income

You can likely afford the median home in Bristol Bay Borough

Median home value is $269,800. Estimated monthly cost: $2,154 vs. your max of $2,348.

Rent Affordability Guide

Your rent-to-income ratio15.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,625Needed: $52,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,625Needed: $34,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,625Needed: $62,790

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bristol Bay Borough, Alaska?
Bristol Bay Borough, Alaska has a median monthly rent of $1,318/mo and a median home value of $269,800. The affordability rating is Unaffordable, with rent making up approximately 12.0% of median household income.
What is the median rent in Bristol Bay Borough?
The median gross rent in Bristol Bay Borough is $1,318/mo. This is 8% above state average for Alaska.
Is Bristol Bay Borough affordable?
Bristol Bay Borough is rated Unaffordable based on rent-to-income ratio of 12.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bristol Bay Borough's rent compare to the state average?
Bristol Bay Borough's median rent of $1,318/mo is 8% above state average of $1,221/mo for Alaska.
What is the median home value in Bristol Bay Borough?
The median home value in Bristol Bay Borough, Alaska is $269,800. This is 4% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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