salaryRent is higher than in 60% of U.S. cities. Household incomes are higher than in 89% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are long, about 34.3 minutes each way. Most homes (81.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $73,840 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Alaska cities?
No. Rent here is more expensive than in most of Alaska. It is number 20 of 24 cities from cheapest to most expensive.
How much do households earn in Gateway?
Share of households by yearly income. 54.1% of households earn $100,000 or more.
Rent by apartment size in Gateway
| Size | Gateway | U.S. average |
|---|---|---|
| Studio | $1,090 | $1,338 |
| 2 bedrooms | $1,341 | $1,509 |
| 3 bedrooms | $2,103 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gateway overall?
Everyday prices in Alaska overall are 2% above the U.S. average (index 102.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gateway, so the Alaska figure is shown.
Taxes and bills in Gateway
Life in Gateway
Is it cheaper to rent or buy in Gateway?
Renting is cheaper right now: about $1,250 a month less.
Owning assumes a typical $446,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,620 for the down payment.
Frequently asked questions
What is the average rent in Gateway, AK?
Renting in Gateway costs a median of about $1,846 a month in 2026, including utilities. The Alaska median is $1,651.
How much do I need to make to live in Gateway?
To keep rent under 30% of income, you need about $73,840 a year, or $36 an hour at a full-time job.
Is Gateway cheap or expensive?
Gateway is rated Cheap: rent takes 14.9% of the typical household income of $148,587. It ranks 20th cheapest of 24 Alaska cities we track.
How much are property taxes in Gateway?
The median homeowner in Gateway pays $5,033 a year in property taxes, about 1.13% of the median home value.
Is Gateway more expensive than the national average?
Overall prices in Alaska are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Gateway?
The median home value in Gateway is $446,200, about 3.0 times the typical yearly household income.
6,845 people live in Gateway. Numbers are typical (middle) values.