CostBy County

Cost of Living in Matanuska-Susitna Borough, Alaska

$1,299/mo
Median Monthly Rent
$346,600
Median Home Value

At a Glance

Median Monthly Rent
$1,299/mo
4% above state average
Median Home Value
$346,600
4% above national
Census GRAPI
31.2%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Matanuska-Susitna Borough Compares

Median monthly rent comparison

Matanuska-Susitna Borough$1,299/mo
Alaska Average$1,248/mo
National Median$1,413/mo

Detailed Housing Stats

$1,299/mo
Median Gross Rent
$346,600
Median Home Value
$1,672/mo
Monthly Owner Cost
31.2%
Census GRAPI

National Ranking

Affordability Rank

Matanuska-Susitna Borough ranks #2,833 of 3,142 counties for affordability (bottom 10%)

Most AffordableLeast Affordable

Sourced county brief

Matanuska-Susitna Borough Official Rent Burden Reaches 31.2 Percent

The official ACS B25071 gross rent as a percentage of household income (GRAPI) in the Matanuska-Susitna Borough was 31.2%. This official GRAPI is 8.2 percentage points higher than the Alaska unweighted county mean of 23.0%. Median gross rent in the borough was $1,299 per month, which is above the state unweighted county mean of $1,248. The median home value was estimated at $346,600, exceeding the state unweighted county mean of $283,493. For homeowners, the median selected monthly owner costs were $1,672, which is $674 above the state unweighted county mean of $998. The median income for renter households was $52,324. These statistics represent a snapshot from the 2020-2024 ACS 5-Year Estimates and describe the housing costs for renters and owners as distinct groups within the local economy. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Matanuska-Susitna Borough

Affordability Verdict

ACS B25071 estimates median gross rent at 31.2% of renter household income in Matanuska-Susitna Borough, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,299 per month; median selected monthly owner costs are $1,672. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $51,960 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Alaska unweighted mean of county median rents is $1,248 per month. Matanuska-Susitna Borough's $1,299 median is 4.1% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Matanuska-Susitna Borough

$

Rent Burden

16.6%

of gross income

Max Housing (28% Rule)

$2,194

per month

Owner Cost Burden

21.3%

of gross income

The median home in Matanuska-Susitna Borough may be a stretch

Median home value is $346,600. Estimated monthly cost: $2,767 vs. your max of $2,194.

Rent Affordability Guide

Your entered rent as a share of entered income16.6%
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: $94,031Needed: $51,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $94,031Needed: $71,657
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $94,031Needed: $80,663

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 Matanuska-Susitna Borough, Alaska?
Matanuska-Susitna Borough, Alaska has a median monthly rent of $1,299/mo and a median home value of $346,600. The affordability rating is Stretched, with median gross rent equal to approximately 31.2% of renter household income.
What is the median rent in Matanuska-Susitna Borough?
The median gross rent in Matanuska-Susitna Borough is $1,299/mo. This is 4% above state average for Alaska.
Is Matanuska-Susitna Borough affordable?
Matanuska-Susitna Borough is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 31.2%. Median gross rent is 30–50% of renter household income.
How does Matanuska-Susitna Borough's rent compare to the state average?
Matanuska-Susitna Borough's median rent of $1,299/mo is 4% above state average of $1,248/mo for Alaska.
What is the median home value in Matanuska-Susitna Borough?
The median home value in Matanuska-Susitna Borough, Alaska is $346,600. This is 4% above the national median home value of $332,700.

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Prepared by ByCounty Editorial TeamPublished by CostByCountyUpdated

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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