Homer, AK Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
125
Homer's Overall Cost Of Living
1.2x
Higher Than The National Average
10 out of 22
In Alaska
5,043 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Homer is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Homer, AK?

According to the most recent data on the cost of living, Homer has an overall cost of living index of 125 which is 1.2x higher than the national index of 100.

Compared to only Alaska, Homer has a cost of living index that's 1.0x lower than Alaska's index of 127.

The standard of living in Homer ranks as #5,045 most affordable out of the 6,418 places we measured in Alaska. By definition, that implies Homer ranks as the #1,374 most expensive place in the Last Frontier.

For more reading on life in Homer, check out:

Homer Cost Of Living Vs. Alaska

Living Expense Homer Alaska National Average
Overall 125 127 100
Services 115 112 100
Groceries 127 134 100
Health 147 150 100
Housing 134 136 100
Transportation 111 121 100
Utilities 129 150 100
For more reading on cost of living around Alaska, check out:
Homer Cost of Living Vs. AK

Homer, 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.

$293,700
Median Home Value
$1,124
Median Rent
$61,332
Median Income
Statistic Homer Alaska United States
Median Home Value $293,700 $275,600 $229,800
Median Rent $1,124 $1,240 $1,096
Median Income $61,332 $77,790 $64,994
Home Value To Income 4.8x 3.5x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x

Detailed Homer Services Costs Vs. Alaska

Item Homer Alaska
Shampoo $1.05 $1.06
Movie $12.27 $10.68
Bowling $17.03 $14.67

Detailed Homer Groceries Costs Vs. Alaska

Item Homer Alaska
Ground Beef $5.43 $4.22
Fried Chicken $1.71 $1.39
Milk $2.73 $2.05

Detailed Homer Health Costs Vs. Alaska

Item Homer Alaska
Haircut $23.5 $18.62
Beauty Salon $54.87 $39.05
Toothpaste $3.15 $2.34

Detailed Homer Transportation Costs Vs. Alaska

Item Homer Alaska
Potatoes $4.46 $3.29
Pizza $11.8 $10.62
Beer $10.49 $9.38
Optometrist $219.89 $108.57
Doctor $206.08 $116.17
Dentist $147.12 $99.13

Detailed Homer Utilities Costs Vs. Alaska

Item Homer Alaska
Gasoline $2.59 $2.22
Tire Balancing $48.67 $50.07
All Electricity $247.3 $167.67
Phone $184.26 $175.64

Homer SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
5
Diversity
8
Safety
6
Amenities
6
Education
8.5
Commute
10

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