๐Ÿ“ City Profile

Cost of Living in Juneau

Alaska ยท Population: 32,255

119
Expensive ยท National Avg = 100
$425,000
Median Home
$1,770/mo
Median Rent
$68,700
Median Income

Cost Breakdown by Category

Index values. National average = 100. Lower is more affordable.

Housing
126
Groceries
123
Utilities
124
Transportation
118
Healthcare
116

Detailed Cost Breakdown

Estimated specific prices in Juneau (2026 values, USD).

$1,290/mo
1-Bed Rent
$1,770/mo
2-Bed Rent
$2,300/mo
3-Bed Rent
$3.49
Bread (loaf)
$4.45
Milk (gallon)
$3.99
Eggs (dozen)
$7.28
Coffee (latte)
$3.72
Gas (gallon)
$17.85
Restaurant Meal

๐Ÿ’ฐ Purchasing Power

With a median income of $68,700 and a cost of living index of 119, the purchasing power-adjusted income in Juneau is $57,731.

This means you need a lower income in Juneau to match the purchasing power of an average US city.

โ†’ See take-home pay for every salary in Alaska

๐Ÿ”— Helpful Tools

Financial Reality in Juneau

With a cost of living index of 119, Juneau costs 19% more than the national average. Here is what that means in practical terms for your household budget.

Housing affordability: The median home price of $425,000 represents a 6.2x home-price-to-income ratio against the median household income of $68,700. This is a challenging affordability ratio. Dual incomes or above-median earnings are typically needed for homeownership. Using the 28% rule, the median household can allocate $1,603/month to housing costs.

Rent burden: At $1,770/mo, rent consumes approximately 31% of the median gross household income. This exceeds the 30% threshold that financial advisors recommend as a maximum.

Purchasing power: The median income of $68,700 has a purchasing power equivalent to $57,731 in an average-cost US city. That represents a loss of $10,969.0 in effective buying power compared to the nominal salary.

Common Questions About Living in Juneau

How much do I need to earn to live comfortably in Juneau? Based on local costs, a household income of at least $70,800.0 is needed to rent comfortably (using the 40x rent rule), or roughly $121,429+ to afford the median home. These are minimums โ€” factor in your specific debt obligations, savings goals, and lifestyle expenses.

Is it cheaper to rent or buy in Juneau? With median rent at $1,770/mo and median home prices at $425,000, the rent-to-buy ratio favors renting in the short term, as buying requires significant upfront capital. Run the numbers with a mortgage calculator using current rates for your specific situation.

How does Juneau compare to similar cities? Use the comparison links below to see Juneau side-by-side with other cities. The most meaningful comparisons are with cities in the same region, similar population size, or cities you are considering for a move. Pay attention to category-level differences, not just the overall index.

๐Ÿ“š Moving & Relocation Resources

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