salaryKnik-Fairview is the 4th-largest city in Alaska that we track, with 19,972 residents. Rent is higher than in 52% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 38.2 minutes each way. Most homes (84.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $67,360 a year. That is $32 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 16 of 24 cities from cheapest to most expensive.
How much do households earn in Knik-Fairview?
Share of households by yearly income. 37.1% of households earn $100,000 or more.
Rent by apartment size in Knik-Fairview
| Size | Knik-Fairview | U.S. average |
|---|---|---|
| 1 bedroom | $1,083 | $1,324 |
| 2 bedrooms | $1,399 | $1,509 |
| 3 bedrooms | $1,973 | $1,698 |
| 4 bedrooms | $2,017 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Knik-Fairview 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 Knik-Fairview, so the Alaska figure is shown.
Taxes and bills in Knik-Fairview
Life in Knik-Fairview
Is it cheaper to rent or buy in Knik-Fairview?
Renting is cheaper right now: about $677 a month less.
Owning assumes a typical $340,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,020 for the down payment.
Frequently asked questions
What is the average rent in Knik-Fairview, AK?
Renting in Knik-Fairview costs a median of about $1,684 a month in 2026, including utilities. The Alaska median is $1,651.
How much do I need to make to live in Knik-Fairview?
To keep rent under 30% of income, you need about $67,360 a year, or $32 an hour at a full-time job.
Is Knik-Fairview cheap or expensive?
Knik-Fairview is rated Cheap: rent takes 19.4% of the typical household income of $104,007. It ranks 16th cheapest of 24 Alaska cities we track.
How much are property taxes in Knik-Fairview?
The median homeowner in Knik-Fairview pays $3,972 a year in property taxes, about 1.17% of the median home value.
Is Knik-Fairview 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 Knik-Fairview?
The median home value in Knik-Fairview is $340,200, about 3.3 times the typical yearly household income.
19,972 people live in Knik-Fairview. Numbers are typical (middle) values.