Anchorage Municipality, AK at a glance
Median household income
$103,284$8,607 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Anchorage Municipality, AK?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Anchorage Municipality, AK? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Anchorage, AK HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,152 | $13,824 | $46,080 | 13.4% |
| 1-Bedroom Apartment | $1,243 | $14,916 | $49,720 | 14.4% |
| 2-Bedroom ApartmentBenchmark | $1,631 | $19,572 | $65,240 | 18.9% |
| 3-Bedroom Home | $2,268 | $27,216 | $90,720 | 26.4% |
| 4-Bedroom Home | $2,736 | $32,832 | $109,440 | 31.8% |
Rent in Anchorage Municipality, AK, with the wage each unit needs →
What a typical income covers in Anchorage Municipality, AK
The 50/30/20 rule applied to the local median of $103,284 a year ($8,607 a month before tax).
What $103,284 leaves after Alaska taxes
Federal income tax, Social Security, Medicare and Alaska tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Alaska
Living in Anchorage Municipality, AK: common questions
What is the median household income in Anchorage Municipality, AK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Anchorage Municipality, AK is $103,284 per year (approximately $8,607 per month).
What is the average rent in Anchorage Municipality, AK?
The closest official figure is HUD's Fair Market Rent for 2026: $1,152 for a studio, $1,243 for one bedroom, $1,631 for two, $2,268 for three and $2,736 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Anchorage Municipality, AK expensive to live in?
Prices there run 5.4% above the U.S. average. BEA's regional price parity for the metro area is 105.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Anchorage Municipality, AK?
To keep a $1,631 two-bedroom under 30% of gross income, a household needs about $65,240 a year, or $5,437 a month. That is 63% of what the typical household in Anchorage Municipality, AK earns.
How much do you need to live comfortably in Anchorage Municipality, AK?
On the local median income of $103,284 ($8,607 a month before tax), the 50/30/20 rule leaves $4,304 a month for needs like rent, utilities and groceries, $2,582 for everything else and $1,721 for savings or debt. A two-bedroom at $1,631 takes 38% of the needs share.
How much is the electric bill in Anchorage Municipality, AK?
Homes in Alaska paid 28.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $254. Your bill depends mostly on heating and cooling.