States › Alaska › Kodiak

Is Kodiak, AK expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,36635% higher than U.S. average
💵 Families earn per year (2026)$97,380about $8,115/month · 12% higher than U.S. average
🔑 House price$347,1004% higher than U.S. average

Rent is higher than in 82% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are short, about 9.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $94,640 a year. That is $46 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 24 of 24 cities from cheapest to most expensive.

Kodiak
$2,366
$1,948
$1,273
$1,488

How much do households earn in Kodiak?

Under $25k
5.5%
$25k–50k
20.7%
$50k–100k
36.8%
$100k–150k
27.7%
$150k+
4.6%

Share of households by yearly income. 32.3% of households earn $100,000 or more.

Rent by apartment size in Kodiak

SizeKodiakU.S. average
Studio$1,139$1,338
1 bedroom$1,030$1,324
2 bedrooms$2,121$1,509
3 bedrooms$2,301$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Kodiak overall?

Everyday prices in Alaska overall are 2% above the U.S. average (index 102.4, U.S. = 100).

Housing
94
Goods (food, clothes…)
106
Utilities
119
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kodiak, so the Alaska figure is shown.

Taxes and bills in Kodiak

🏛️ Property tax$3,164a year · 0.91% of home value · U.S. $3,119
⚡ Electric bill$104a month (typical) · U.S. $156

Life in Kodiak

Commute to work9.3 minU.S.: 26.4 min
College degree25.3%U.S.: 35.7%
Own their home49.8%U.S.: 65.2%
Below poverty line7.5%U.S.: 12.5%
Unemployment8.3%U.S.: 5.2%

Is it cheaper to rent or buy in Kodiak?

About the same. Renting and owning cost within $42 of each other each month.

Renting
$2,366
Owning
$2,408

Owning assumes a typical $347,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,710 for the down payment.

Frequently asked questions

What is the average rent in Kodiak, AK?

Renting in Kodiak costs a median of about $2,366 a month in 2026, including utilities. The Alaska median is $1,651.

How much do I need to make to live in Kodiak?

To keep rent under 30% of income, you need about $94,640 a year, or $46 an hour at a full-time job.

Is Kodiak cheap or expensive?

Kodiak is rated OK: rent takes 29.2% of the typical household income of $97,380. It ranks 24th cheapest of 24 Alaska cities we track.

How much are property taxes in Kodiak?

The median homeowner in Kodiak pays $3,164 a year in property taxes, about 0.91% of the median home value.

Is Kodiak 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 Kodiak?

The median home value in Kodiak is $347,100, about 3.6 times the typical yearly household income.

5,447 people live in Kodiak. Numbers are typical (middle) values.