Small Town5,229 people

South Lakes, AK

Discover how far your salary goes in South Lakes. Compare taxes, rent, and living costs.

Cost Index
144
💰 Expensive
Population

5,229

State Tax

None! 🎉

1BR Rent

$1,547

/month

vs National

+11%

above avg

How far would your salary go in South Lakes?

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Rent Prices in South Lakes

🏠

Studio

$1,238

/month

$14,856/year

Most Common
🛏️

1 Bedroom

$1,547

/month

$18,564/year

🏡

2 Bedroom

$2,088

/month

$25,056/year

🏘️

3 Bedroom

$2,707

/month

$32,484/year

Taxes in Alaska

State Income Tax

Alaska

0%
🎉

No State Income Tax!

Alaska doesn't tax wages—keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in South Lakes, AK?

South Lakes has a cost of living index of 144, which is 44% above the national average. A 1-bedroom apartment costs around $1,547/month.

What is the state income tax in Alaska?

Alaska has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in South Lakes?

The median rent for a 1-bedroom apartment in South Lakes is $1,547/month. For a 2-bedroom, expect to pay around $2,088/month. This is 11% above the national average.

Is South Lakes a good place to live?

South Lakes is a small town with a population of 5,229. The cost of living is expensive, making it more expensive than average for the US. A major advantage is zero state income tax.

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