What's a healthy ratio in Alaska?

Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.

Does this account for interest rates?

No, price-to-income is rate-agnostic so it stays comparable across cycles.

What if my income is higher?

Your personal ratio matters more than the market median. Use it as a relative comparison.

Buyer authority AK

Most affordable cities for home buyers in Alaska.

Affordability = how many years of household income buys the median home. This ranks Alaska cities by price-to-income ratio (lower = more affordable).

Last updated September 2026

Alaska ranking

15 cities ranked. Click any row for the matching local page.

#	City	Price-to-income ratio	Score
1	Anchorage	5.2x income	47	View →
2	Fairbanks	5.2x income	47	View →
3	Wasilla	5.2x income	47	View →
4	Palmer	5.0x income	50	View →
5	Juneau	4.8x income	53	View →
6	Kenai	4.7x income	54	View →
7	Jber	4.7x income	54	View →
8	North Pole	4.7x income	55	View →
9	Soldotna	4.7x income	55	View →
10	Ketchikan	4.7x income	55	View →
11	Kodiak	4.7x income	55	View →
12	Homer	4.7x income	55	View →
13	Sitka	4.7x income	55	View →
14	Eagle River	4.5x income	59	View →
15	Chugiak	4.0x income	66	View →

Methodology

Ratio = estimated home value ÷ average household income (Census ACS). Demographia bands (under 3.0 affordable, over 5.0 severely unaffordable) are designed around medians, so treat these as directional. Cities whose true median home value likely exceeds the dataset's modeled value (e.g. SF Bay, Manhattan) are flagged in their state pages.

FAQ

What's a healthy ratio in Alaska?: Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.
Does this account for interest rates?: No, price-to-income is rate-agnostic so it stays comparable across cycles.
What if my income is higher?: Your personal ratio matters more than the market median. Use it as a relative comparison.