Cost of Living in Petersburg, AK
Population 3,346 · Alaska · Data vintage 2023
(100 = US avg)
Petersburg's economy is tied closely to the extraction industries that dominate much of Alaska. Median household incomes of $76,466 run at or above national figures despite the small population — a direct signal of the wage premium that mining, oil, and gas employers pay. Home values of $299,000 keep the overall cost equation favorable.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Petersburg
The median home value in Petersburg is $298,500 — 2% below the national median of $305,000. Median rent runs $1,208/month, 8% lower than the national median of $1,314/month. The median household income of $76,466/year is 3% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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 47.9°F and lows of 38.0°F, with about 85.6" of annual snowfall. Overall, Petersburg has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.
Petersburg 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 | 35 | 37 | 40 | 48 | 55 | 60 | 62 | 61 | 56 | 47 | 39 | 35 |
| Low °F | 27 | 28 | 30 | 35 | 42 | 48 | 51 | 50 | 46 | 39 | 32 | 28 |
| Precip" | 11.39 | 7.60 | 7.60 | 6.66 | 5.86 | 4.98 | 5.63 | 8.21 | 14.35 | 13.84 | 12.28 | 11.79 |
| Snow" | 20.7 | 16.9 | 20.0 | 1.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 10.8 | 15.5 |
Frequently Asked Questions
What is the cost of living in Petersburg, AK?
Petersburg has a cost index of 95 (100 = national average). It is 5% below the national average.
What is average rent in Petersburg, AK?
The median gross rent in Petersburg is $1,208 per month based on 2023 Census data.
What is the average home price in Petersburg?
The median home value in Petersburg is $298,500 according to Zillow and Census data.
What is the median income in Petersburg?
The median household income in Petersburg is $76,466 per year (2023 ACS 5-year estimates).
What is the sales tax in Petersburg, AK?
The combined state and local sales tax rate in Petersburg is 1.8%. Alaska has no state income tax.
Is Petersburg, AK affordable?
Petersburg is near the national average in terms of cost of living, with an index of 95 (100 = US average).
What is the weather like in Petersburg?
Petersburg has average high temperatures of 47.9°F and average lows of 38.0°F. Annual precipitation is 110.2". Average annual snowfall is 85.6". Data from NOAA 1991–2020 Climate Normals.
Petersburg at a Glance
- Population
- 3,346
- Median Income
- $76,466
- Home Value
- $298,500
- Median Rent
- $1,208/mo
- Unemployment
- 3.3%
- Avg High Temp
- 47.9°F
- Sales Tax
- 1.8%
Explore county-level cost of living data
Alaska Rankings
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