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Cost of Living in Matanuska-Susitna Borough, AK

Population 112,988 · Census ACS 2020–2024 5-year estimates

Median rent$1,299
Median home value$346,600
Median household income$94,031

The median rent in Matanuska-Susitna Borough, AK is $1,299/month, 8% lower than the Alaska median and 8% lower than the U.S. median. The median home value is $346,600, 4% higher than the national median. Households earn a median of $94,031 a year, about the same as the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $51,960/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,753/mo

Run your own numbers: mortgage calculator · hourly to salary

Matanuska-Susitna Borough vs. Alaska vs. U.S.

Matanuska-Susitna BoroughAlaskaU.S.
Median rent$1,299$1,419$1,413
Median home value$346,600$352,900$332,700
Median household income$94,031$92,788$80,734
Homeownership rate77.2%66.8%65.2%
Bachelor's degree or higher24.4%31.7%35.7%
Poverty rate10.0%10.1%12.5%
Unemployment rate5.8%5.9%5.2%
Work from home11.7%9.7%15.1%
Median age36.735.838.9

FAQ

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

The median gross rent in Matanuska-Susitna Borough, AK is $1,299 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Matanuska-Susitna Borough, AK?

Using the common 30% rule, renting a median-priced home takes about $51,960 a year in gross income.

Is Matanuska-Susitna Borough, AK expensive to live in?

Rent there is 8% lower than the U.S. median, and the median home costs about 3.7 times the median household income.

Other counties in Alaska

Anchorage Municipality, AKRent $1,489 · Income $103,284Fairbanks North Star Borough, AKRent $1,459 · Income $88,267Kenai Peninsula Borough, AKRent $1,184 · Income $80,538Juneau City and Borough, AKRent $1,444 · Income $101,661Bethel Census Area, AKRent $1,474 · Income $73,996Ketchikan Gateway Borough, AKRent $1,505 · Income $92,885

Counties with a similar cost of living

Wise County, TXRent $1,299 · Income $93,421McKenzie County, NDRent $1,284 · Income $93,404Benton County, ARRent $1,277 · Income $93,506Kent County, RIRent $1,327 · Income $94,345Ascension Parish, LARent $1,318 · Income $91,549Blaine County, IDRent $1,338 · Income $92,566

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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