Alaska · Census, HUD and BEA figures · Updated

Cost of Living in Matanuska-Susitna Borough, AK

Prices around Matanuska-Susitna Borough, AK run 5.4% above the U.S. average (BEA, the metro area). The typical household there earns $94,031 a year, and HUD puts a two-bedroom at $1,376 a month. Keeping that rent under 30% of income takes about $55,040 a year.

Matanuska-Susitna Borough, AK at a glance

Median household income

$94,031$7,836 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,376HUD FY2026 Fair Market Rent
Price level (U.S. = 100)105.4+5.4% · BEA, the metro area
Electricity28.2¢per kWh · EIA Residential AK
Population112,988Census ACS 5-year estimate

How much rent can you afford in Matanuska-Susitna Borough, AK?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,376Monthly market rent
Share of gross income17.6%Recommended max: 30%
Annual income needed$55,040To meet the 30% standard
Max affordable rent$2,351At 30% of $94,031
0%30% (Affordability standard)100%
Compare against:

How much is rent in Matanuska-Susitna Borough, AK? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Matanuska-Susitna Borough, AK HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Matanuska-Susitna Borough, AK, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,015$12,180$40,60013%
1-Bedroom Apartment$1,049$12,588$41,96013.4%
2-Bedroom ApartmentBenchmark$1,376$16,512$55,04017.6%
3-Bedroom Home$1,914$22,968$76,56024.4%
4-Bedroom Home$2,308$27,696$92,32029.5%

Rent in Matanuska-Susitna Borough, AK, with the wage each unit needs →

What a typical income covers in Matanuska-Susitna Borough, AK

The 50/30/20 rule applied to the local median of $94,031 a year ($7,836 a month before tax).

Needs (50%)$3,918/moRent ($1,376 2-BR), utilities (~$254/mo), groceries, transit
Wants (30%)$2,351/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,567/moEmergency fund, retirement, paying down loans

What $94,031 leaves after Alaska taxes

Federal income tax, Social Security, Medicare and Alaska tax on the local median income. Change the salary to see yours.

$94,031
$35,000$190,000
Filing status:
Gross salary breakdown$94,031
Net 80%
Fed 13%
FICA 8%
Annual take-home$74,981After all taxes
Monthly deposit$6,248Estimated per month
Biweekly paycheck$2,884Every 2 weeks (26/yr)
Effective tax rate20.3%Total tax burden
Federal income tax$11,857 / yr
Alaska state income taxNo state wage tax$0
FICA (Social Security & Medicare)$7,193 / yr

Living in Matanuska-Susitna Borough, AK: common questions

What is the median household income in Matanuska-Susitna Borough, AK?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Matanuska-Susitna Borough, AK is $94,031 per year (approximately $7,836 per month).

What is the average rent in Matanuska-Susitna Borough, AK?

The closest official figure is HUD's Fair Market Rent for 2026: $1,015 for a studio, $1,049 for one bedroom, $1,376 for two, $1,914 for three and $2,308 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 Matanuska-Susitna Borough, 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 Matanuska-Susitna Borough, AK?

To keep a $1,376 two-bedroom under 30% of gross income, a household needs about $55,040 a year, or $4,587 a month. That is 59% of what the typical household in Matanuska-Susitna Borough, AK earns.

How much do you need to live comfortably in Matanuska-Susitna Borough, AK?

On the local median income of $94,031 ($7,836 a month before tax), the 50/30/20 rule leaves $3,918 a month for needs like rent, utilities and groceries, $2,351 for everything else and $1,567 for savings or debt. A two-bedroom at $1,376 takes 35% of the needs share.

How much is the electric bill in Matanuska-Susitna 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.