Kodiak Island Borough, AK at a glance
Median household income
$86,250$7,188 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Kodiak Island Borough, 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 Kodiak Island Borough, AK? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Kodiak Island Borough, AK, 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 | $1,431 | $17,172 | $57,240 | 19.9% |
| 1-Bedroom Apartment | $1,581 | $18,972 | $63,240 | 22% |
| 2-Bedroom ApartmentBenchmark | $2,075 | $24,900 | $83,000 | 28.9% |
| 3-Bedroom Home | $2,488 | $29,856 | $99,520 | 34.6% |
| 4-Bedroom Home | $2,747 | $32,964 | $109,880 | 38.2% |
Rent in Kodiak Island Borough, AK, with the wage each unit needs →
What a typical income covers in Kodiak Island Borough, AK
The 50/30/20 rule applied to the local median of $86,250 a year ($7,188 a month before tax).
What $86,250 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 Kodiak Island Borough, AK: common questions
What is the median household income in Kodiak Island Borough, AK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Kodiak Island Borough, AK is $86,250 per year (approximately $7,188 per month).
What is the average rent in Kodiak Island Borough, AK?
The closest official figure is HUD's Fair Market Rent for 2026: $1,431 for a studio, $1,581 for one bedroom, $2,075 for two, $2,488 for three and $2,747 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 Kodiak Island Borough, AK expensive to live in?
Prices there run 2.4% above the U.S. average. BEA's regional price parity for Alaska is 102.4, 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 Kodiak Island Borough, AK?
To keep a $2,075 two-bedroom under 30% of gross income, a household needs about $83,000 a year, or $6,917 a month. That is 96% of what the typical household in Kodiak Island Borough, AK earns.
How much do you need to live comfortably in Kodiak Island Borough, AK?
On the local median income of $86,250 ($7,188 a month before tax), the 50/30/20 rule leaves $3,594 a month for needs like rent, utilities and groceries, $2,156 for everything else and $1,438 for savings or debt. A two-bedroom at $2,075 takes 58% of the needs share.
How much is the electric bill in Kodiak Island Borough, 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.