Cost of Living in Sitka City and Borough, Alaska

$1,350/mo

Median Monthly Rent

$442,100

Median Home Value

11% above state averageUnaffordable

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

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.

Affordability Calculator

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

Your Annual Household Income

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%

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.