Cost of Living in Stebbins, AK

With a cost of living index of 72, Stebbins, AK is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 18% below the Alaska state average of 90. Stebbins is a small community of 666 residents.

Housing costs are the biggest factor in Stebbins's cost of living. The median monthly rent is $863 (35% below the US median of $1,319), and the median home value sits at $116,100 (62% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Stebbins is $48,333, which is 36% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Stebbins. The area sees an average annual temperature of 28°F, with summers averaging 50°F and winters around 8°F. Annual rainfall totals 17.2 inches spread over roughly 131 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.