Cost of Living in Juneau City and Borough, Alaska

$1,462/mo
Median Monthly Rent
$432,500
Median Home Value

At a Glance

Median Monthly Rent
$1,462/mo
20% above state average
Median Home Value
$432,500
53% above national
Rent-to-Income Ratio
24.0%
% 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 Juneau City and Borough Compares

Median monthly rent comparison

Juneau City and Borough$1,462/mo
Alaska Average$1,221/mo
National Median$1,163/mo

Detailed Housing Stats

$1,462/mo
Median Gross Rent
$432,500
Median Home Value
$1,722/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Juneau City and Borough ranks #1,647 of 3,144 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Juneau City and Borough, Alaska

Juneau's high income shields housing burden

Despite a median rent of $1,462, Juneau's exceptional household income of $100,513 keeps the rent-to-income ratio to just 17.4%—well below national norms. This Southeast Alaska capital demonstrates how strong wages can offset expensive housing, making the overall affordability picture favorable relative to the nation.

Alaska's highest earners, favorable affordability

Juneau's 17.4% rent-to-income ratio ranks among Alaska's best despite housing costs that appear steep in absolute dollars, thanks to the state's highest median household income at $100,513. This income advantage gives Juneau residents superior purchasing power statewide.

Most expensive Southeast, best-paying too

Juneau's $1,462 rent trails only Kodiak Island ($1,669) statewide, yet Juneau residents earn substantially more than neighbors in Haines, Ketchikan, or Hoonah-Angoon. The combination of high wages and high costs makes Juneau unique among Alaska's Southeast communities.

High earners manage 17.4% rent ratio

Juneau renters spend $1,462 monthly on a $100,513 income, consuming just 17.4% of earnings—the lowest rent burden among Alaska's expensive communities. Homeowners face a steeper path at $1,722 monthly, but the $100,513 median income provides genuine capacity to absorb these costs.

Juneau rewards high earners and career changers

Relocate to Juneau if pursuing better-paying positions; the $100,513 median income is Alaska's highest, making the 17.4% rent burden manageable despite $1,462 monthly rent. Compare this advantage against lower-cost Haines (15.1% ratio, $72,607 income) to weigh career growth against pure affordability.

Cost of Living Advisory: Juneau City and Borough

Affordability Verdict

Juneau City and Borough offers affordable rental housing at a median of $1,462/month — about 17.5% of the typical household income here.

Rent vs. Own

At $1,462/month rent versus $1,722/month in owner costs, renting is roughly $260/month cheaper — a 15% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $58,480/year. For owner costs at the 28% rule, the required income is roughly $73,800/year. With a median household income of $100,513, most households can comfortably afford rent here. Notably, 24.0% of renter households in Juneau City and Borough are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Alaska, Juneau City and Borough is more affordable than Chugach Census Area by roughly 5% ($1,462/mo vs $1,397/mo).

Affordability Calculator

See how your income compares to housing costs in Juneau City and Borough

$

Rent Burden

17.5%

of gross income

Max Housing (28% Rule)

$2,345

per month

Owner Cost Burden

20.6%

of gross income

The median home in Juneau City and Borough may be a stretch

Median home value is $432,500. Estimated monthly cost: $3,453 vs. your max of $2,345.

Rent Affordability Guide

Your rent-to-income ratio17.5%
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: $100,513Needed: $58,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,513Needed: $73,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $100,513Needed: $100,655

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 Juneau City and Borough, Alaska?
Juneau City and Borough, Alaska has a median monthly rent of $1,462/mo and a median home value of $432,500. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Juneau City and Borough?
The median gross rent in Juneau City and Borough is $1,462/mo. This is 20% above state average for Alaska.
Is Juneau City and Borough affordable?
Juneau City and Borough is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Juneau City and Borough's rent compare to the state average?
Juneau City and Borough's median rent of $1,462/mo is 20% above state average of $1,221/mo for Alaska.
What is the median home value in Juneau City and Borough?
The median home value in Juneau City and Borough, Alaska is $432,500. This is 53% above 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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