Farmers Loop, AK Cost Of Living
Farmers Loop's Overall Cost Of Living
Higher Than The National Average
In Alaska
In America
What is the cost of living in Farmers Loop, AK?
According to the most recent data on the cost of living, Farmers Loop has an overall cost of living index of 128 which is 1.3x higher than the national index of 100.
Compared to only Alaska, Farmers Loop has a cost of living index that's 1.0x higher than Alaska's index of 127.
The standard of living in Farmers Loop ranks as #5,185 most affordable out of the 6,418 places we measured in Alaska. By definition, that implies Farmers Loop ranks as the #1,233 most expensive place in the Last Frontier.
Farmers Loop Cost Of Living Vs. Alaska
| Living Expense | Farmers Loop | Alaska | National Average | |
|---|---|---|---|---|
| Overall | 128 | 127 | 100 | |
| Services | 116 | 112 | 100 | |
| Groceries | 121 | 134 | 100 | |
| Health | 154 | 150 | 100 | |
| Housing | 116 | 136 | 100 | |
| Transportation | 119 | 121 | 100 | |
| Utilities | 218 | 150 | 100 | |
Farmers Loop, AK Housing Cost Breakdown
Housing swings affordability the most between places in Alaska, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Farmers Loop | Alaska | United States |
|---|---|---|---|
| Median Home Value | $287,300 | $275,600 | $229,800 |
| Median Rent | $1,124 | $1,240 | $1,096 |
| Median Income | $87,579 | $77,790 | $64,994 |
| Home Value To Income | 3.3x | 3.5x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Detailed Farmers Loop Services Costs Vs. Alaska
| Item | Farmers Loop | Alaska |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $13.45 | $10.68 |
| Bowling | $15.03 | $14.67 |
Detailed Farmers Loop Groceries Costs Vs. Alaska
| Item | Farmers Loop | Alaska |
|---|---|---|
| Ground Beef | $5.31 | $4.22 |
| Fried Chicken | $1.56 | $1.39 |
| Milk | $2.57 | $2.05 |
Detailed Farmers Loop Health Costs Vs. Alaska
| Item | Farmers Loop | Alaska |
|---|---|---|
| Haircut | $17.43 | $18.62 |
| Beauty Salon | $48.7 | $39.05 |
| Toothpaste | $2.55 | $2.34 |
Detailed Farmers Loop Transportation Costs Vs. Alaska
| Item | Farmers Loop | Alaska |
|---|---|---|
| Potatoes | $3.83 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $9.95 | $9.38 |
| Optometrist | $250.97 | $108.57 |
| Doctor | $211.78 | $116.17 |
| Dentist | $153.1 | $99.13 |
Detailed Farmers Loop Utilities Costs Vs. Alaska
| Item | Farmers Loop | Alaska |
|---|---|---|
| Gasoline | $2.86 | $2.22 |
| Tire Balancing | $49.08 | $50.07 |
| All Electricity | $516.42 | $167.67 |
| Phone | $181.24 | $175.64 |
Farmers Loop SnackAbility
/10
Cost Of Living In Cities Around Farmers Loop
| City | Population | Cost Of Living | Vs. Farmers Loop |
|---|---|---|---|
| Fairbanks, AK | 31,427 | 132 | 1.0x |
| Badger, AK | 19,434 | 133 | 1.0x |
| College, AK | 12,734 | 133 | 1.0x |
| Steele Creek, AK | 7,365 | 135 | 1.1x |
| Chena Ridge, AK | 5,863 | 134 | 1.0x |
