Annual living expenses and living wage estimate for Alaska by family type and select boroughs
| Area | Single adult annual expenses | Two adult, two children family annual expenses | Living wage for single adult* |
|---|---|---|---|
| Anchorage Municipality | $47,713 | $118,206 | $18.58 |
| Fairbanks North Star Borough | $50,401 | $120,462 | $19.63 |
| Juneau City and Borough | $50,460 | $120,132 | $19.65 |
| Kenai Peninsula Borough | $50,185 | $110,441 | $19.54 |
| Matanuska-Susitna Borough | $49,205 | $111,792 | $19.16 |
Notes: Boroughs are the primary substate jurisdiction in Alaska. The five listed boroughs are the most populous in Alaska, containing approximately 80% of the state's population.
*Assuming wages cover 81% of expenses and the remainder is covered by non-wage income, social insurance, and means-tested transfers.
Source: EPI Family Budget Calculator (EPI 2024b).