Cost of Living in Alaska

3 cities • 353,280 total population • 2026 Data

$90,247
Avg. Median Income
+17% vs national
$1,462
Avg. Median Rent
+8% vs national
$354,700
Avg. Home Value
+5% vs national
4.1%
Avg. Unemployment

Overview

Alaska has 3 cities with populations over 25,000, totaling 353,280 residents. The average median household income across these cities is $90,247, which is 17% above the national median.

Rent averages $1,462 per month, and the average home value is $354,700. The largest city is Anchorage, while Anchorage offers the lowest rent and Fairbanks has the highest.

Most Affordable Cities in Alaska

# City Median Rent Median Income Home Value
1 Anchorage $1,453 $98,152 $375,900
2 Juneau city and $1,462 $100,513 $432,500
3 Fairbanks $1,470 $72,077 $255,700

Most Expensive Cities in Alaska

# City Median Rent Median Income Home Value
1 Fairbanks $1,470 $72,077 $255,700
2 Juneau city and $1,462 $100,513 $432,500
3 Anchorage $1,453 $98,152 $375,900

Highest Income Cities in Alaska

# City Median Income Median Rent Population
1 Juneau city and $100,513 $1,462 31,969
2 Anchorage $98,152 $1,453 289,069
3 Fairbanks $72,077 $1,470 32,242

All Cities in Alaska

City Population Income Rent Home Value
Anchorage 289,069 $98,152 $1,453 $375,900
Fairbanks 32,242 $72,077 $1,470 $255,700
Juneau city and 31,969 $100,513 $1,462 $432,500

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. State averages calculated from cities with population over 25,000.

Verify at data.census.gov