Cost of Living in Alaska 2026 — All 7 Cities Ranked

Alaska Cost of Living Overview

Alaska is more expensive than the national average, with an average cost index of 107 across 7 cities. The average monthly rent across Alaska cities is $1,505, with median household incomes averaging $91,914 per year. The cheapest city is College (index 94) and the most expensive is Juneau (index 117).

Alaska has no state income tax, making it attractive for high earners. However, the 0% sales tax and 1.04% property tax rate offset some of those savings.

All 7 Cities in Alaska — Ranked by Cost

Sorted from cheapest to most expensive (US average = 100)

#	City	Cost Index	Rent	Income	Home Value	Population
1	College	94	$1,405/mo	$76,831	$279,100	11,730
2	Fairbanks	96	$1,470/mo	$72,077	$255,700	32,242
3	North Lakes	109	$1,459/mo	$102,785	$338,900	10,583
4	Badger	110	$1,672/mo	$98,042	$291,600	19,033
5	Knik-Fairview	110	$1,615/mo	$95,000	$311,800	18,921
6	Anchorage	113	$1,453/mo	$98,152	$375,900	289,069
7	Juneau	117	$1,462/mo	$100,513	$432,500	31,969

Frequently Asked Questions

Common questions about cost of living in Alaska

What is the cost of living in Alaska?

The average cost of living index across 7 cities in Alaska is 107 (US average = 100). Average rent is $1,505/month and median household income averages $91,914/year.

What is the cheapest city in Alaska?

The cheapest city in Alaska is College with a cost index of 94, median rent of $1,405/month, and median income of $76,831/year.

What is the most expensive city in Alaska?

The most expensive city in Alaska is Juneau with a cost index of 117, median rent of $1,462/month, and median income of $100,513/year.

What are taxes like in Alaska?

Alaska has a top income tax rate of 0%, a sales tax of 0%, and an effective property tax rate of 1.04%. There is no state income tax.

How many cities does CostToLive cover in Alaska?

We track cost of living data for 7 cities in Alaska with populations of 10,000 or more, using US Census Bureau ACS 2023 data.