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Alaska

Cost of living in Lake and Peninsula Borough, AK

Estimated monthly cost
$2,534/mo
for a single person, all categories combined

Population 1,007 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $826 33%
Healthcare $480 19%
Federal tax $445 18%
Groceries $368 15%
Energy $205 8%
Transport $150 6%
Water $60 2%
State tax $0 0%

Rent in Lake and Peninsula Borough

Fair Market Rents by bedroom count.

Studio
$693
per month
1 bedroom
$826
per month
2 bedroom
$970
per month
3 bedroom
$1,359
per month
4 bedroom
$1,533
per month

Source: HUD FMR FY2025

Income and earnings in Lake and Peninsula Borough

Annual earnings figures from the Census ACS.

Household income
$64,000
per year
Individual earnings
$37,279
per year
Per capita
$45,228
per year

Source: ACS 2019-2023 5-Year.

Home values in Lake and Peninsula Borough

Average values reported by homeowners.

Average home value
$166,100
Annual property tax
n/a

Source: ACS 2019-2023 5-Year

Energy costs in Lake and Peninsula Borough

Estimated monthly electricity and gas costs.

Electricity
$139
per month · 24.4¢/kWh
Natural gas
$66
per month
Annual total
$2,460
per year

Source: EIA

Healthcare in Lake and Peninsula Borough

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
31.4%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Lake and Peninsula Borough

State and local tax rates for Alaska.

No state income tax
Alaska does not levy a personal income tax.
State sales tax
0.0%
Combined sales tax
1.8%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Lake and Peninsula Borough

Commute patterns and estimated costs.

Average commute
12.3 min
Drive alone
38.1%
Public transit
0.0%
Work from home
4.9%

Source: ACS

Monthly cost estimates for Lake and Peninsula Borough

What it costs to live in Lake and Peninsula Borough each month.

Single person
$2,534
per month
  • Rent $826
  • Energy $205
  • Water $60
  • Groceries $368
  • Transport $150
  • Healthcare $480
  • Federal tax $445
  • State tax $0
Couple
$3,677
per month
  • Rent $970
  • Energy $246
  • Water $70
  • Groceries $610
  • Transport $200
  • Healthcare $864
  • Federal tax $717
  • State tax $0
Family
$6,224
per month
  • Rent $1,359
  • Energy $308
  • Water $85
  • Groceries $925
  • Transport $280
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $717
  • State tax $0

Frequently asked questions about Lake and Peninsula Borough

Common questions about cost of living, rent and salary.

What is the average rent in Lake and Peninsula Borough?

In Lake and Peninsula Borough, AK, a one-bedroom apartment averages $826 per month, a two-bedroom averages $970 per month, a three-bedroom averages $1,359 per month, according to HUD Fair Market Rent data.

What is the average salary in Lake and Peninsula Borough?

In Lake and Peninsula Borough, AK, the average household income is $64,000 per year and individual earnings for full-time workers average $37,279 per year, according to U.S. Census Bureau data.

What is the cost of living in Lake and Peninsula Borough?

The estimated cost of living in Lake and Peninsula Borough, AK is approximately $2,534 per month for a single person, $3,677 for a couple, $6,224 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Lake and Peninsula Borough?

The combined sales tax rate in Lake and Peninsula Borough, AK is 1.82%, which includes the Alaska state rate of 0.00% plus an average local rate of 1.82%.

Is Lake and Peninsula Borough an affordable place to live?

Based on the data, a single person in Lake and Peninsula Borough, AK would need approximately $2,534 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $64,000 per year ($5,333 per month). Lake and Peninsula Borough is relatively affordable compared to the national average.

How much does healthcare cost in Lake and Peninsula Borough?

The ACA marketplace benchmark premium in Lake and Peninsula Borough, AK is approximately $480 per month for an individual. Approximately 31.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Lake and Peninsula Borough?

The average home value in Lake and Peninsula Borough, AK is $166,100, according to U.S. Census Bureau data.

How does Lake and Peninsula Borough compare to other areas?

You can compare Lake and Peninsula Borough, AK with any other US county using our comparison tool at /compare. Lake and Peninsula Borough is in Alaska.

Other counties in Alaska

Browse the full list of counties in Alaska, ranked by cost of living.

See all counties in Alaska

Compare Lake and Peninsula Borough with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources