Cost of living in Kalifornsky research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Kalifornsky is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alaska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Kalifornsky is 121, with 100 being the average.
The cost of living index in Kalifornsky is 1.2x higher than the national average.
Kalifornsky ranks as the #5 cheapest in Alaska out of 22.
Kalifornsky ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Kalifornsky is $246,200.
The median income in Kalifornsky is $82,436.
According to the most recent data on the cost of living, Kalifornsky has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Alaska, Kalifornsky has a cost of living index that's 1.0x lower than Alaska's index of 125.
The standard of living in Kalifornsky ranks as #5 most affordable out of the 22 places we measured in Alaska. By definition, that implies Kalifornsky ranks as the #17 most expensive place in the Last Frontier.
For more reading on life in Kalifornsky, check out:
Six factors go into calculating the cost of living index in Kalifornsky. Here is how it fairs on each of the criteria:
The Services index in Kalifornsky is 116.
The Groceries index in Kalifornsky is 131.
The Health index in Kalifornsky is 150.
The Housing index in Kalifornsky is 128.
The Transportation index in Kalifornsky is 110.
The Utilities index in Kalifornsky is 128.
|Living Expense||Kalifornsky||Alaska||National Average|
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 2017-2021. The key points are:
The Median Home Value in Kalifornsky is $246,200.
The Median Rent in Kalifornsky is $1,231.
The Median Income in Kalifornsky is $82,436.
The Home Value To Income in Kalifornsky is 3.0x.
The Rent To Monthly Income in Kalifornsky is 0.18x.
|Median Home Value||$246,200||$282,800||$244,900|
|Home Value To Income||3.0x||3.5x||3.5x|
|Rent To Monthly Income||0.18x||0.19x||0.2x|
The cost of living varies in the cities and towns around Kalifornsky. Here's a quick look at the cost of living in the most populous nearby places:
Kenai, AK has a cost of living index of 118, 1.0x Kalifornsky.
Sterling, AK has a cost of living index of 124, 1.0x Kalifornsky.