Cost of Living in Butte, AK
Population 3,905 · Alaska · Data vintage 2023
(100 = US avg)
Incomes in Butte punch well above what you'd expect from a town of 3,905. The reason is straightforward: extraction-sector wages. Median household earnings of $105,625 pair with home values that remain well below the national median.
Butte is about 25 miles northeast of Anchorage, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 15% lower than Anchorage's $376,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Butte
The median home value in Butte is $320,100 — 5% above the national median of $305,000. Median rent runs $1,412/month, 7% higher than the national median of $1,314/month. The median household income of $105,625/year is 42% higher than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Alaska charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 45.1°F and lows of 29.1°F. Overall, Butte has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Butte has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 22 | 28 | 34 | 48 | 59 | 66 | 68 | 65 | 56 | 42 | 29 | 25 |
| Low °F | 8 | 13 | 17 | 30 | 39 | 47 | 51 | 48 | 41 | 29 | 16 | 11 |
| Precip" | 0.65 | 0.70 | 0.47 | 0.30 | 0.62 | 1.00 | 1.60 | 2.32 | 2.08 | 1.25 | 0.66 | 0.96 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Butte, AK?
Butte has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Butte, AK?
The median gross rent in Butte is $1,412 per month based on 2023 Census data.
What is the average home price in Butte?
The median home value in Butte is $320,100 according to 2023 Census ACS data.
What is the median income in Butte?
The median household income in Butte is $105,625 per year (2023 ACS 5-year estimates).
What is the sales tax in Butte, AK?
The combined state and local sales tax rate in Butte is 1.8%. Alaska has no state income tax.
Is Butte, AK affordable?
Butte is near the national average in terms of cost of living, with an index of 106 (100 = US average).
What is the weather like in Butte?
Butte has average high temperatures of 45.1°F and average lows of 29.1°F. Annual precipitation is 12.6". Data from NOAA 1991–2020 Climate Normals.
Butte at a Glance
- Population
- 3,905
- Median Income
- $105,625
- Home Value
- $320,100
- Median Rent
- $1,412/mo
- Unemployment
- 4.3%
- Avg High Temp
- 45.1°F
- Sales Tax
- 1.8%
Nearby Cities
Explore county-level cost of living data
Alaska Rankings
Similar Cost Cities
Cities in other states with comparable housing costs