Cost of Living in Kodiak, AK

Population 5,497 · Alaska · Data vintage 2023

105
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 — Kodiak sits at the intersection of rural Alaska and the state's energy economy. Median household incomes near $71,373 reflect that wage base, while housing costs track the smaller-town baseline. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 103
Rent 109

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

About the Cost of Living in Kodiak

The median home value in Kodiak is $314,800 — 3% above the national median of $305,000. Median rent runs $1,430/month, 9% higher than the national median of $1,314/month. The median household income of $71,373/year is 4% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Alaska charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 47.9°F and lows of 36.5°F, with about 70.3" of annual snowfall. Overall, Kodiak has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$314,800
3% above avg
Zillow Home Value
$435,930
Zillow ZHVI
Median Rent
$1,430/mo
9% above avg
Price-to-Rent Ratio
18.3x
Favors buying
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 51.1%
Renter-occupied 48.9%

💰 Estimated Monthly Budget

Rent median rent
$1,430
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,044/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
11.0 min
59% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.1%

Commute Mode

Drove alone
57.9%
Carpooled
20.4%
Public transit
0.4%
Walked
5.8%
Work from home
3.1%

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
$71,373
4% below avg
Per Capita Income
$35,818
Unemployment Rate
6.5%
36% above avg
Poverty Rate
7.7%
Labor Force Participation
69.8%

🎓 Education

Bachelor's degree+ 20.1%
Graduate degree 4.4%

👥 Demographics

Median Age 40.8
Male median age 38
Female median age 41.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
47.9°F
Avg Low
36.5°F
Annual Precip
78.3"
Annual Snowfall
70.3"
20° 33° 45° 58° 70° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363839455257626357484137
Low °F 262728344046515044363027
Precip" 8.356.314.826.145.855.174.514.907.558.857.068.81
Snow" 14.514.412.36.20.50.00.00.00.00.76.115.6

Frequently Asked Questions

What is the cost of living in Kodiak, AK?

Kodiak has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Kodiak, AK?

The median gross rent in Kodiak is $1,430 per month based on 2023 Census data.

What is the average home price in Kodiak?

The median home value in Kodiak is $314,800 according to Zillow and Census data.

What is the median income in Kodiak?

The median household income in Kodiak is $71,373 per year (2023 ACS 5-year estimates).

What is the sales tax in Kodiak, AK?

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

Is Kodiak, AK affordable?

Kodiak is near the national average in terms of cost of living, with an index of 105 (100 = US average).

What is the weather like in Kodiak?

Kodiak has average high temperatures of 47.9°F and average lows of 36.5°F. Annual precipitation is 78.3". Average annual snowfall is 70.3". Data from NOAA 1991–2020 Climate Normals.

Kodiak at a Glance

Population
5,497
Median Income
$71,373
Home Value
$314,800
Median Rent
$1,430/mo
Unemployment
6.5%
Avg High Temp
47.9°F
Sales Tax
1.8%
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