What is the cost of living in Chena Ridge, AK?
According to the most recent data on the cost of living, Chena Ridge has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Alaska, Chena Ridge has a cost of living index that's 1.0x lower than Alaska's index of 122.
The standard of living in Chena Ridge ranks as #8 most affordable out of the 22 places we measured in Alaska. By definition, that implies Chena Ridge ranks as the #14 most expensive place in the Last Frontier.
For more reading on life in Chena Ridge, check out:
Chena Ridge Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Chena Ridge. Here is how it fares on each of the criteria:
The Services index in Chena Ridge is 119.
The Groceries index in Chena Ridge is 109.
The Health index in Chena Ridge is 137.
The Housing index in Chena Ridge is 112.
The Transportation index in Chena Ridge is 122.
The Utilities index in Chena Ridge is 116.
| Living Expense | Chena Ridge | Alaska | National Average |
|---|---|---|---|
| Overall | 122 | 122 | 100 |
| Services | 119 | 117 | 100 |
| Groceries | 109 | 112 | 100 |
| Health | 137 | 137 | 100 |
| Housing | 112 | 113 | 100 |
| Transportation | 122 | 125 | 100 |
| Utilities | 116 | 116 | 100 |
Chena Ridge Cost Of Living Compared To Alaska Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Alaska, check out:
Protect your home budget Compare home warranties in Chena Ridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Chena Ridge, AK Housing Cost Breakdown
Housing swings affordability the most between places in Alaska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Chena Ridge is $434,428.
The Median Rent in Chena Ridge is $1,110.
The Median Income in Chena Ridge is $133,775.
The Home Value To Income in Chena Ridge is 3.2x.
The Rent To Monthly Income in Chena Ridge is 0.1x.
| Statistic | Chena Ridge | Alaska | United States |
|---|---|---|---|
| Median Home Value | $434,428 | $387,635 | $332,700 |
| Median Rent | $1,110 | $1,419 | $1,413 |
| Median Income | $133,775 | $92,788 | $80,734 |
| Home Value To Income | 3.2x | 4.2x | 4.1x |
| Rent To Monthly Income | 0.1x | 0.18x | 0.21x |
Chena Ridge, AK Costs By Category
Detailed Chena Ridge Services costs vs. Alaska
| Item | Chena Ridge | Alaska |
|---|---|---|
| Shampoo | $1.35 | $1.28 |
| Movie | $16.17 | $12.13 |
| Bowling | $17.55 | $18 |
| Haircut | $32.06 | $24.26 |
| Beauty Salon | $51.33 | $45.56 |
Detailed Chena Ridge Groceries costs vs. Alaska
| Item | Chena Ridge | Alaska |
|---|---|---|
| Ground Beef | $6.57 | $5.84 |
| Fried Chicken | $2.02 | $1.57 |
| Milk | $5.16 | $4.67 |
| Potatoes | $5.98 | $4.93 |
| Pizza | $13.49 | $12.09 |
| Beer | $13.88 | $10.41 |
| Toothpaste | $3.77 | $3.7 |
Detailed Chena Ridge Health costs vs. Alaska
| Item | Chena Ridge | Alaska |
|---|---|---|
| Optometrist | $274.44 | $125.68 |
| Doctor | $243.27 | $135.78 |
| Dentist | $169.02 | $113.29 |
Detailed Chena Ridge Transportation costs vs. Alaska
| Item | Chena Ridge | Alaska |
|---|---|---|
| Gasoline | $3.8 | $3.46 |
| Tire Balancing | $64.35 | $59.92 |
Detailed Chena Ridge Utilities costs vs. Alaska
| Item | Chena Ridge | Alaska |
|---|---|---|
| All Electricity | $579.35 | $193.99 |
| Phone | $187.48 | $192.25 |
Chena Ridge SnackAbility
Cost Of Living In Cities Around Chena Ridge
The cost of living varies in the cities and towns around Chena Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Fairbanks, AK has a cost of living index of 117, 1.0x Chena Ridge.
Badger, AK has a cost of living index of 122, 1.0x Chena Ridge.
College, AK has a cost of living index of 123, 1.0x Chena Ridge.
| City | Population | Cost Of Living | Vs. Chena Ridge |
|---|---|---|---|
| Fairbanks, AK | 32,083 | 117 | 1.0x |
| Badger, AK | 18,677 | 122 | 1.0x |
| College, AK | 11,924 | 123 | 1.0x |
| Steele Creek, AK | 5,928 | 118 | 1.0x |
