Kodiak, AK Cost Of Living
Cost Of Living In Kodiak, AK Summary
Cost of living in Kodiak 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 Kodiak 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 Kodiak is 125, with 100 being the average.
The cost of living index in Kodiak is 1.2x higher than the national average.
Kodiak ranks as the #10 cheapest in Alaska out of 22.
Kodiak ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Kodiak is $264,500.
The median income in Kodiak is $67,391.
Table Of Contents
Kodiak's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Kodiak, AK?
According to the most recent data on the cost of living, Kodiak has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Alaska, Kodiak has a cost of living index that's 1.0x lower than Alaska's index of 125.
The standard of living in Kodiak ranks as #10 most affordable out of the 22 places we measured in Alaska. By definition, that implies Kodiak ranks as the #12 most expensive place in the Last Frontier.
For more reading on life in Kodiak, check out:
- Living In Kodiak
- Kodiak Crime Report
- Search Homes For Sale In Kodiak, AK
In Alaska
In America
Kodiak Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Kodiak. Here is how it fairs on each of the criteria:
The Services index in Kodiak is 113.
The Groceries index in Kodiak is 151.
The Health index in Kodiak is 139.
The Housing index in Kodiak is 116.
The Transportation index in Kodiak is 133.
The Utilities index in Kodiak is 120.
| Living Expense | Kodiak | Alaska | National Average | |
|---|---|---|---|---|
| Overall | 125 | 125 | 100 | |
| Services | 113 | 119 | 100 | |
| Groceries | 151 | 129 | 100 | |
| Health | 139 | 152 | 100 | |
| Housing | 116 | 119 | 100 | |
| Transportation | 133 | 119 | 100 | |
| Utilities | 120 | 147 | 100 | |
Kodiak, 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 2017-2021. The key points are:
The Median Home Value in Kodiak is $264,500.
The Median Rent in Kodiak is $1,248.
The Median Income in Kodiak is $67,391.
The Home Value To Income in Kodiak is 3.9x.
The Rent To Monthly Income in Kodiak is 0.22x.
| Statistic | Kodiak | Alaska | United States |
|---|---|---|---|
| Median Home Value | $264,500 | $282,800 | $244,900 |
| Median Rent | $1,248 | $1,279 | $1,163 |
| Median Income | $67,391 | $80,287 | $69,021 |
| Home Value To Income | 3.9x | 3.5x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Kodiak, AK Costs By Category
Detailed Kodiak Services Costs Vs. Alaska
Detailed Kodiak Groceries Costs Vs. Alaska
Detailed Kodiak Health Costs Vs. Alaska
Detailed Kodiak Transportation Costs Vs. Alaska
Detailed Kodiak Utilities Costs Vs. Alaska
Kodiak SnackAbility
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