Cost of Living in Sitka City and Borough, Alaska

$1,350/mo
Median Monthly Rent
$442,100
Median Home Value

At a Glance

Median Monthly Rent
$1,350/mo
11% above state average
Median Home Value
$442,100
57% above national
Rent-to-Income Ratio
29.0%
% 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 Sitka City and Borough Compares

Median monthly rent comparison

Sitka City and Borough$1,350/mo
Alaska Average$1,221/mo
National Median$1,163/mo

Detailed Housing Stats

$1,350/mo
Median Gross Rent
$442,100
Median Home Value
$1,587/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Sitka City and Borough ranks #837 of 3,144 counties for affordability (top 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Sitka City and Borough, Alaska

Sitka's housing costs beat national norms

Renters in Sitka spend just 16.0% of income on housing—well below the national danger zone of 30% and lower than Alaska's 18.6% state average. With a median household income of $101,207, residents here earn 35% more than the typical American household, making housing far more manageable despite the state's remote location.

Most affordable rents in Southeast Alaska

Sitka ranks among Alaska's most housing-affordable communities, with residents dedicating a smaller share of income to rent than nearly all state peers. The combination of strong median incomes and moderate rents positions Sitka as a housing haven compared to other Alaskan communities.

Southeast's affordability leader

Sitka's $1,350 monthly rent sits between Skagway ($1,228) and Yakutat ($1,276), but Sitka's significantly higher income ($101,207 vs. Skagway's $78,594) makes housing much easier to afford here. Owner costs of $1,587 monthly are higher than neighbors, but remain manageable for Sitka's well-compensated workforce.

Where Sitka's income goes

A typical renter pays $1,350 monthly while earning $101,207 annually, leaving plenty of room for other expenses. Homeowners commit roughly $1,587 per month, or about 18.8% of household income—still comfortably below the stress threshold, thanks to a median home value of $442,100.

Consider Sitka for remote work relocation

If you're relocating to Alaska and prioritize housing affordability without sacrificing income potential, Sitka deserves serious consideration. The combination of the state's lowest rent-to-income ratio and strong median earnings makes it one of Alaska's most livable communities for renters and homebuyers alike.

Cost of Living Advisory: Sitka City and Borough

Affordability Verdict

Housing in Sitka City and Borough is affordable. The median rent is $1,350/month against a median household income of $101,207, putting rent at 16.0% of income.

Rent vs. Own

At $1,350/month rent versus $1,587/month in owner costs, renting is roughly $237/month cheaper — a 15% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $54,000/year. For owner costs at the 28% rule, the required income is roughly $68,014/year. With a median household income of $101,207, most households can comfortably afford rent here. Notably, 29.0% of renter households in Sitka City and Borough are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Alaska, Sitka City and Borough is less affordable than Fairbanks North Star Borough by roughly 5% ($1,350/mo vs $1,424/mo).

Affordability Calculator

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

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$2,361

per month

Owner Cost Burden

18.8%

of gross income

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

Median home value is $442,100. Estimated monthly cost: $3,529 vs. your max of $2,361.

Rent Affordability Guide

Your rent-to-income ratio16.0%
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: $101,207Needed: $54,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $101,207Needed: $68,014
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $101,207Needed: $102,889

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 Sitka City and Borough, Alaska?
Sitka City and Borough, Alaska has a median monthly rent of $1,350/mo and a median home value of $442,100. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Sitka City and Borough?
The median gross rent in Sitka City and Borough is $1,350/mo. This is 11% above state average for Alaska.
Is Sitka City and Borough affordable?
Sitka City and Borough is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sitka City and Borough's rent compare to the state average?
Sitka City and Borough's median rent of $1,350/mo is 11% above state average of $1,221/mo for Alaska.
What is the median home value in Sitka City and Borough?
The median home value in Sitka City and Borough, Alaska is $442,100. This is 57% 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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