What is the cost of living in Knik-Fairview, AK?
According to the most recent data on the cost of living, Knik-Fairview has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Alaska, Knik-Fairview has a cost of living index that's 1.0x higher than Alaska's index of 122.
The standard of living in Knik-Fairview ranks as #11 most affordable out of the 22 places we measured in Alaska. By definition, that implies Knik-Fairview ranks as the #11 most expensive place in the Last Frontier.
For more reading on life in Knik-Fairview, check out:
Knik-Fairview Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Knik-Fairview. Here is how it fares on each of the criteria:
The Services index in Knik-Fairview is 124.
The Groceries index in Knik-Fairview is 110.
The Health index in Knik-Fairview is 140.
The Housing index in Knik-Fairview is 112.
The Transportation index in Knik-Fairview is 126.
The Utilities index in Knik-Fairview is 123.
| Living Expense | Knik-Fairview | Alaska | National Average |
|---|---|---|---|
| Overall | 124 | 122 | 100 |
| Services | 124 | 117 | 100 |
| Groceries | 110 | 112 | 100 |
| Health | 140 | 137 | 100 |
| Housing | 112 | 113 | 100 |
| Transportation | 126 | 125 | 100 |
| Utilities | 123 | 116 | 100 |
Knik-Fairview 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 Knik-Fairview Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Knik-Fairview, 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 Knik-Fairview is $373,685.
The Median Rent in Knik-Fairview is $1,588.
The Median Income in Knik-Fairview is $96,437.
The Home Value To Income in Knik-Fairview is 3.9x.
The Rent To Monthly Income in Knik-Fairview is 0.2x.
| Statistic | Knik-Fairview | Alaska | United States |
|---|---|---|---|
| Median Home Value | $373,685 | $387,635 | $332,700 |
| Median Rent | $1,588 | $1,419 | $1,413 |
| Median Income | $96,437 | $92,788 | $80,734 |
| Home Value To Income | 3.9x | 4.2x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Knik-Fairview, AK Costs By Category
Detailed Knik-Fairview Services costs vs. Alaska
| Item | Knik-Fairview | Alaska |
|---|---|---|
| Shampoo | $1.31 | $1.28 |
| Movie | $13.19 | $12.13 |
| Bowling | $18.08 | $18 |
| Haircut | $28.21 | $24.26 |
| Beauty Salon | $47.27 | $45.56 |
Detailed Knik-Fairview Groceries costs vs. Alaska
| Item | Knik-Fairview | Alaska |
|---|---|---|
| Ground Beef | $6.62 | $5.84 |
| Fried Chicken | $2.45 | $1.57 |
| Milk | $5.09 | $4.67 |
| Potatoes | $5.98 | $4.93 |
| Pizza | $12.76 | $12.09 |
| Beer | $13.48 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed Knik-Fairview Health costs vs. Alaska
| Item | Knik-Fairview | Alaska |
|---|---|---|
| Optometrist | $247.07 | $125.68 |
| Doctor | $215.28 | $135.78 |
| Dentist | $153.23 | $113.29 |
Detailed Knik-Fairview Transportation costs vs. Alaska
| Item | Knik-Fairview | Alaska |
|---|---|---|
| Gasoline | $3.93 | $3.46 |
| Tire Balancing | $65.07 | $59.92 |
Detailed Knik-Fairview Utilities costs vs. Alaska
| Item | Knik-Fairview | Alaska |
|---|---|---|
| All Electricity | $232.09 | $193.99 |
| Phone | $189.01 | $192.25 |
Knik-Fairview SnackAbility
Cost Of Living In Cities Around Knik-Fairview
The cost of living varies in the cities and towns around Knik-Fairview. Here's a quick look at the cost of living in the most populous nearby places:
Wasilla, AK has a cost of living index of 119, 1.0x Knik-Fairview.
Tanaina, AK has a cost of living index of 125, 1.0x Knik-Fairview.
Meadow Lakes, AK has a cost of living index of 118, 1.0x Knik-Fairview.
| City | Population | Cost Of Living | Vs. Knik-Fairview |
|---|---|---|---|
| Wasilla, AK | 9,720 | 119 | 1.0x |
| Tanaina, AK | 9,646 | 125 | 1.0x |
| Meadow Lakes, AK | 8,689 | 118 | 1.0x |
| Gateway, AK | 6,845 | 134 | 1.1x |
| Palmer, AK | 6,268 | 115 | 0.9x |
