The state Department of Labor and Alaska Housing Finance Corp. released a report Thursday confirming something that just about any Craigslist-perusing apartment hunter could tell you: in Alaska, and in Anchorage especially, rental housing is getting more expensive.
Median rent prices in the state's major population centers rose 5 percent over last year, according to the report, to $1,119 from $1,065, or a statewide increase of $54.
... Those figures include utility costs.
Anchorage's rents, at $1,154, were the second-highest out of the 10 areas in Alaska surveyed, behind only the Kodiak Island Island Borough. That's about $50 more than last year in Anchorage, or a 4 percent increase.
The median price for a one-bedroom apartment in the city is just under $1,100, rising 7 percent from last year. Residents would have to make $44,000 a year, or $21.15 an hour, to avoid spending more than the generally accepted standard of 30 percent of their salary on housing ... [Emphasis added - Ed.]
Somewhere around 50 percent of Anchorage residents live in rental housing; I haven't seen the actual figure published in awhile, so I could be off by a few percentage points in either direction.
Just the same, with the unadjusted inflation rate in the 9.3% range, the increase isn't surprising.