Manageable

What Salary Do You Need to Live in Kodiak?

To afford a 2-bedroom in Kodiak, you need to earn at least $64,960/year based on estimated fair market rent data. The median household income here is $76,765, which means the typical resident is $11,805 above the threshold.

Census ACS Data Pop. 5,584

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,137	$3,790	$45,480	$-31,285
1 Bedroom	$1,348	$4,493	$53,920	$-22,845
2 Bedroom BENCHMARK	$1,624	$5,413	$64,960	$-11,805
3 Bedroom	$1,981	$6,603	$79,240	+$2,475
4 Bedroom	$2,436	$8,120	$97,440	+$20,675

Affordability Breakdown

Where the required salary line crosses above Kodiak's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$76,765

Annual household

2BR Required Salary

$64,960

Under 30% rule

Income Gap

+$11,805

Surplus

Verdict

Manageable

Ratio: 25.4%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Kodiak

Your Annual Salary

Pre-filled with Kodiak's median household income

Max monthly rent you can afford$1,919

Studio

$1,137/mo

1 BR

$1,348/mo

2 BR

$1,624/mo

3 BR

$1,981/mo

4 BR

$2,436/mo

Your salary is $0 above the median income in Kodiak.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Kodiak's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Kodiak

Renting in Kodiak, Alaska is doable for median earners, but tight. A 2-bedroom requires roughly $64,960/year under the 30% rule, and with a median income of $76,765, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,348/month) or studio ($1,137/month) materially improves the math. For those needing more space, a 3-bedroom in Kodiak pushes the required income to $79,240.

For comfortable living in Kodiak without financial stress, target a household income of at least $97,440 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Alaska's cost of living.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Kodiak, Alaska.

With a total population of 5,584, the city supports an active civilian workforce of 2,926 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $64,960 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

2,926

Active civilian employees in Kodiak

Frequently Asked Questions About Renting in Kodiak

What salary do I need to live in Kodiak, Alaska?

To afford a 2-bedroom in Kodiak under the 30% rule, you need an annual salary of at least $64,960. The median household income in Kodiak is $76,765.

Can I afford a 2-bedroom in Kodiak on $76,765?

The affordability verdict for Kodiak is "Manageable". The rent-to-income ratio is 25.4%, meaning median earners have a $11,805 surplus.

What is the average rent in Kodiak compared to median income?

The median gross rent in Kodiak is $1,348/month. With a median household income of $76,765, residents spend approximately 25.4% of their income on rent.

What salary do I need for a studio in Kodiak?

A studio in Kodiak rents for approximately $1,137/month. Under the 30% rule, you need an annual salary of $45,480 to afford this.

Is Kodiak considered an affordable place to live?

Based on the surplus of $11,805 and an affordability verdict of "Manageable", Kodiak is considered a manageable rental market when comparing the required 2-bedroom salary of $64,960 to the local median household income.

How Kodiak Compares

Other cities in Alaska with salary requirements