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Cost of Living in Alaska

Alaska has 3 cities with cost-of-living data on CompareLiving, drawn from US Census, BEA, HUD, and EPA sources. Median rent is lowest in Anchorage at $1,453/mo and highest in Fairbanks at $1,470/mo.

AK3 cities

Alaska at a Glance

Cities Tracked

3

with census data

Avg Cost Index

N/A

US avg = 100

Avg Median Rent

$1,462

per month

Avg Household Income

$90,247

annual median

Taxes in Alaska

State Income Tax

None

No state income tax on wages

State Sales Tax

None

No statewide sales tax

Popular Cities in Alaska

Alaska Cities — Full Table

Click columns to sort

Anchorage289,069$1,453$375,900$98,152
Fairbanks32,242$1,470$255,700$72,077
Juneau city and31,969$1,462$432,500$100,513

Cost Index = BEA Regional Price Parity (US avg = 100) · Income & Rent = US Census ACS

Compare Alaska cities head-to-head

Use our comparison tool to put any two cities side by side. Or explore national rankings to see how Alaska cities stack up across the US. For example, Anchorage vs Fairbanks.

Frequently Asked Questions about Cost of Living in Alaska

What is the cost of living in Alaska?

Cost of living varies significantly across cities in Alaska. Use the table below to compare individual cities.

What are the cheapest cities to live in Alaska?

City-level cost index data for Alaska is being compiled. Check back soon.

What is the median rent in Alaska?

The average median gross rent across cities in Alaska is approximately $1,462/month. Rent varies significantly by city and neighborhood — use the city profiles below for specific figures.

What are the income tax rates in Alaska?

Alaska has no state income tax on wages, making it one of the tax-friendly states for workers. Source: Tax Foundation (2024).

What is the sales tax in Alaska?

Alaska has no statewide sales tax. However, some local jurisdictions may impose additional sales taxes. Source: Tax Foundation (2024).

Is it expensive to move to Alaska?

Check individual city profiles in Alaska to estimate your cost of living. Our moving guides offer salary adjustment calculators for popular corridors.

Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, Tax Foundation · Methodology