Cost of Living in Ketchikan, AK

Population 8,151 · Alaska · Data vintage 2023

107
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Small, well-paid, and production-driven — Ketchikan sits at the intersection of rural Alaska and the state's energy economy. Median household incomes near $76,835 reflect that wage base, while housing costs track the smaller-town baseline.

Cost Overview

Housing 112
Rent 100

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Ketchikan

The median home value in Ketchikan is $340,300 — 12% above the national median of $305,000. Median rent runs $1,319/month, equal to than the national median of $1,314/month. The median household income of $76,835/year is 3% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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 51.3°F and lows of 40.8°F. Overall, Ketchikan has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$340,300
12% above avg
Zillow Home Value
$387,572
Zillow ZHVI
Median Rent
$1,319/mo
0% below avg
Price-to-Rent Ratio
21.5x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,004
1 BR
$1,129
2 BR
$1,413
3 BR
$1,839
4 BR
$2,224
Owner-occupied 58.9%
Renter-occupied 41.1%

💰 Estimated Monthly Budget

Rent median rent
$1,319
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,933/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
11.4 min
58% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.4%

Commute Mode

Drove alone
66.8%
Carpooled
14.0%
Public transit
2.5%
Walked
10.2%
Work from home
3.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 1.8%
State rate 0.0%
Avg local rate 1.8%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$76,835
3% above avg
Per Capita Income
$42,791
Unemployment Rate
4.1%
15% below avg
Poverty Rate
12.6%
Labor Force Participation
66.8%

🎓 Education

Bachelor's degree+ 15.7%
Graduate degree 8.3%

👥 Demographics

Median Age 36.9
Male median age 35.9
Female median age 38.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
51.3°F
Avg Low
40.8°F
Annual Precip
149.5"
30° 40° 50° 60° 70° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404144505761656559514440
Low °F 323232374349535348413633
Precip" 16.1711.8010.9810.258.687.027.3311.3014.3018.3717.0716.27

Frequently Asked Questions

What is the cost of living in Ketchikan, AK?

Ketchikan has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Ketchikan, AK?

The median gross rent in Ketchikan is $1,319 per month based on 2023 Census data.

What is the average home price in Ketchikan?

The median home value in Ketchikan is $340,300 according to Zillow and Census data.

What is the median income in Ketchikan?

The median household income in Ketchikan is $76,835 per year (2023 ACS 5-year estimates).

What is the sales tax in Ketchikan, AK?

The combined state and local sales tax rate in Ketchikan is 1.8%. Alaska has no state income tax.

Is Ketchikan, AK affordable?

Ketchikan is near the national average in terms of cost of living, with an index of 107 (100 = US average).

What is the weather like in Ketchikan?

Ketchikan has average high temperatures of 51.3°F and average lows of 40.8°F. Annual precipitation is 149.5". Data from NOAA 1991–2020 Climate Normals.

Ketchikan at a Glance

Population
8,151
Median Income
$76,835
Home Value
$340,300
Median Rent
$1,319/mo
Unemployment
4.1%
Avg High Temp
51.3°F
Sales Tax
1.8%
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