Key Economic Benchmarks
Median Household Income
$75,125$6,260 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Petersburg Borough, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Petersburg Borough, AK
Official FY2026 HUD Fair Market Rents for Petersburg Borough. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,049 | $12,588 | $41,960 | 16.8% |
| 1-Bedroom Apartment | $1,211 | $14,532 | $48,440 | 19.3% |
| 2-Bedroom ApartmentBenchmark | $1,463 | $17,556 | $58,520 | 23.4% |
| 3-Bedroom Home | $1,754 | $21,048 | $70,160 | 28% |
| 4-Bedroom Home | $2,022 | $24,264 | $80,880 | 32.3% |
50/30/20 Living Budget in Petersburg Borough, AK
Based on the local median household income of $75,125/year ($6,260/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Alaska
Explore net income after federal income tax, FICA, and Alaska state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Alaska with official federal datasets:
Frequently Asked Questions About Living in Petersburg Borough, AK
What is the median household income in Petersburg Borough, AK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Petersburg Borough, AK is $75,125 per year (approximately $6,260 per month).
What is the average rent in Petersburg Borough, AK?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Petersburg Borough, AK are $1,049 for a studio, $1,211 for 1 bedroom, $1,463 for 2 bedrooms, $1,754 for 3 bedrooms, and $2,022 for 4 bedrooms.
How does the cost of living in Petersburg Borough, AK compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Petersburg Borough, AK is 102.4 (2.4% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Petersburg Borough, AK?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,463/month) in Petersburg Borough, AK requires a minimum gross household income of $58,520 per year ($4,877 per month).
What is a balanced 50/30/20 monthly budget in Petersburg Borough, AK?
For a typical household earning the median income of $75,125/year ($6,260/month) in Petersburg Borough, AK, a balanced 50/30/20 budget allocates $3,130/month to essential needs (rent, utilities, groceries), $1,878/month to discretionary spending, and $1,252/month to savings and debt repayment.
What are typical electricity and utility costs in Petersburg Borough, AK?
Residential electricity rates in Alaska average 28.2¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $254 per month.