Cost of Living in Kodiak Island Borough, AK
Population 12,771 · Census ACS 2020–2024 5-year estimates
The median rent in Kodiak Island Borough, AK is $1,765/month, 24% higher than the Alaska median and 25% higher than the U.S. median. The median home value is $412,300, 24% higher than the national median. Households earn a median of $86,250 a year, 7% lower than the state median.
Affordability
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Kodiak Island Borough vs. Alaska vs. U.S.
| Kodiak Island Borough | Alaska | U.S. | |
|---|---|---|---|
| Median rent | $1,765 | $1,419 | $1,413 |
| Median home value | $412,300 | $352,900 | $332,700 |
| Median household income | $86,250 | $92,788 | $80,734 |
| Homeownership rate | 61.1% | 66.8% | 65.2% |
| Bachelor's degree or higher | 28.7% | 31.7% | 35.7% |
| Poverty rate | 8.7% | 10.1% | 12.5% |
| Unemployment rate | 5.0% | 5.9% | 5.2% |
| Work from home | 4.8% | 9.7% | 15.1% |
| Median age | 35.1 | 35.8 | 38.9 |
FAQ
What is the average rent in Kodiak Island Borough, AK?
The median gross rent in Kodiak Island Borough, AK is $1,765 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Kodiak Island Borough, AK?
Using the common 30% rule, renting a median-priced home takes about $70,600 a year in gross income.
Is Kodiak Island Borough, AK expensive to live in?
Rent there is 25% higher than the U.S. median, and the median home costs about 4.8 times the median household income.
Other counties in Alaska
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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