Meadow Lakes, AK Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Meadow Lakes's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Meadow Lakes is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Meadow Lakes, AK?

According to the most recent data on the cost of living, Meadow Lakes has an overall cost of living index of 116 which is 1.2x higher than the national index of 100.

Compared to only Alaska, Meadow Lakes has a cost of living index that's 0.9x lower than Alaska's index of 128.

The standard of living in Meadow Lakes ranks as #4571 most affordable out of the 6522 places we measured in Alaska. By definition, that implies Meadow Lakes ranks as the #1835 most expensive place in the Last Frontier.

For more reading on life in Meadow Lakes, check out:

Meadow Lakes Cost Of Living Vs. Alaska

Living Expense Meadow Lakes Alaska National Average
Overall 116 128 100
Services 106 112 100
Groceries 131 137 100
Health 142 147 100
Housing 115 135 100
Transportation 113 120 100
Utilities 125 147 100
For more reading on cost of living around Alaska, check out:
Meadow Lakes Cost of Living Vs. AK

Meadow Lakes, 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.

Median Home Value
Median Rent
Median Income
Statistic Meadow Lakes Alaska United States
Median Home Value $233,900 $265,200 $204,900
Median Rent $973 $1,231 $1,023
Median Income $65,684 $76,715 $60,293
Home Value To Income 3.6x 3.5x 3.4x
Rent To Monthly Income 0.18x 0.19x 0.2x

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Cost Of Living In Cities Around Meadow Lakes

City Population Cost Of Living Vs. Meadow Lakes
Knik-Fairview, AK 17,513 121 1.0x
Tanaina, AK 10,520 119 1.0x
Lakes, AK 10,098 120 1.0x
Wasilla, AK 9,675 117 1.0x
Gateway, AK 7,037 123 1.1x
Palmer, AK 6,978 112 1.0x
Fishhook, AK 6,203 123 1.1x

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