According to the most recent data on the cost of living, Homer has an overall cost of living index of 121 which is 1.2x higher than the national index of 100.
Compared to only Alaska, Homer has a cost of living index that's 0.9x lower than Alaska's index of 128.
The standard of living in Homer ranks as #4868 most affordable out of the 6522 places we measured in Alaska. By definition, that implies Homer ranks as the #1539 most expensive place in the Last Frontier.
|Living Expense||Homer||Alaska||National Average|
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.