Most Affordable Cities in Alaska

Cost of living rankings for 24 cities in Alaska with uncapped home, rent, and income estimates. On average, Alaska is near the national average with a statewide average Cost Index of 110.

1 source baseline is past its update cadence — newer official vintage not reflected

Cheapest City

College

Index: 99

Most Expensive

Palmer

Index: 128

State Average

110

National: 100

Cities Ranked

eligible statewide total

Alaska Affordability Ranking

Showing 1–24 of 24 eligible cities — 24 on this page. Page 1 of 1.

#	City	Index	Home Value	Rent	Income
1	College	99	$297,500	$1,553	$83,895
2	Tanaina	100	$328,500	$1,293	$105,536
3	Knik-Fairview	101	$340,200	$1,293	$96,437
4	Badger	101	$310,600	$1,553	$97,183
5	Kalifornsky	102	$336,800	$1,390	$93,508
6	North Lakes	103	$357,600	$1,293	$101,679
7	Kenai	103	$331,313	$1,562	$87,083
8	Meadow Lakes	105	$323,100	$1,293	$81,699
9	Sterling	105	$365,688	$1,390	$102,415
10	South Lakes	105	$377,500	$1,293	$98,141
11	Steele Creek	105	$348,400	$1,553	$121,364
12	Fairbanks	110	$305,391	$1,840	$73,534
13	Chena Ridge	110	$395,500	$1,553	$133,775
14	Fishhook	110	$416,300	$1,293	$111,375
15	Bethel	111	$360,200	$1,971	$117,255
16	Gateway	113	$446,200	$1,293	$137,772
17	Homer	113	$432,181	$1,390	$74,449
18	Ketchikan	114	$405,952	$1,733	$85,275
19	Sitka city and	117	$450,300	$1,622	$101,727
20	Juneau city and	119	$449,300	$1,807	$101,661
21	Anchorage	122	$422,785	$1,802	$103,284
22	Wasilla	123	$425,040	$1,870	$67,234
23	Kodiak	124	$449,880	$2,239	$90,292
24	Palmer	128	$440,227	$2,150	$72,201

2026 edition — based on ACS 2024, Zillow 2026-08, HUD FY2027, and BEA 2024 dated sources. The edition year is not the observation year.

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