AK · Rank 37 of 50 affordable
Can teachers afford to live in Alaska?
Tight, but workable.
The average Alaska teacher earns $81,450 per year. A typical 2-bedroom rents for about $2,123/mo, which is 31% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$81,450
Cost-of-Living Index
124.9
US avg = 100
Affordability Score
46/100
Renting in Alaska
2BR Rent / mo
$2,123
Annual Rent
$25,480
% of Salary
31%
Left after rent
$4,664/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Alaska
Median Home Price
$524,580
10% Down
$52,458
P&I (7%, 30yr)
$3,141/mo
Full PITI
$3,775/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.