Total monthly cost of ownership
Cost to Own a Home in Sitka city and, Alaska
A $442,000 home here costs
$3,255per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,272. The real number is $982 higher every month — 43% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sitka city and against Sitka City and Borough and Alaska
| Measure | Sitka city and | Sitka City and Borough |
|---|---|---|
| Median home value | $442,100 | $442,100 |
| Median property tax | $2,086 | $2,086 |
| Effective tax rate | 0.472% | 0.472% |
| Median gross rent | $1,350 | $1,350 |
| Population | 8,393 | 8,393 |
The weather behind that power bill
Sitka city and sits in Sitka City and Borough, which averages a high of 61.8°F in its hottest month and a low of 29.2°F in its coldest, with 102.06" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 0 cooling and 7,888 heating degree days, which is what sets the $254 electricity line above.
See the full climate breakdown for Sitka City and Borough — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sitka City and Borough
No other places of this size are published in Sitka City and Borough.
Full Sitka City and Borough cost breakdown · Every county in Alaska
Common questions
How much does it cost to own a home in Sitka city and?
A $442,000 home in Sitka city and, Alaska costs approximately $3,255 per month with 20% down at 6.66%. That is $2,272 principal and interest, $174 property tax, $118 homeowners insurance, $322 utilities and $368 set aside for maintenance.
What is the property tax rate in Sitka city and?
Sitka city and has an effective property tax rate of 0.472%, based on a median home value of $442,100 and median real estate taxes of $2,086. That is in line with the Sitka City and Borough average of 0.472%.
What is the average home price in Sitka city and?
The median owner-occupied home value in Sitka city and, Alaska is $442,100, against $442,100 across Sitka City and Borough.
Is it cheaper to rent or buy in Sitka city and?
Median gross rent in Sitka city and is $1,350 a month, against $3,255 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sitka city and — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alaska.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.