According to the most recent data on the cost of living, Meadow Lakes has an overall cost of living index of 120 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 127.
The standard of living in Meadow Lakes ranks as #4,800 most affordable out of the 6,418 places we measured in Alaska. By definition, that implies Meadow Lakes ranks as the #1,619 most expensive place in the Last Frontier.
Living Expense | Meadow Lakes | Alaska | National Average | |
---|---|---|---|---|
Overall | 120 | 127 | 100 | |
Services | 113 | 112 | 100 | |
Groceries | 129 | 134 | 100 | |
Health | 148 | 150 | 100 | |
Housing | 115 | 136 | 100 | |
Transportation | 112 | 121 | 100 | |
Utilities | 128 | 150 | 100 |
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.
Statistic | Meadow Lakes | Alaska | United States |
---|---|---|---|
Median Home Value | $237,900 | $275,600 | $229,800 |
Median Rent | $1,049 | $1,240 | $1,096 |
Median Income | $70,069 | $77,790 | $64,994 |
Home Value To Income | 3.4x | 3.5x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Item | Meadow Lakes | Alaska |
---|---|---|
Shampoo | $1.05 | $1.06 |
Movie | $12.27 | $10.68 |
Bowling | $17.03 | $14.67 |
Item | Meadow Lakes | Alaska |
---|---|---|
Ground Beef | $5.43 | $4.22 |
Fried Chicken | $1.71 | $1.39 |
Milk | $2.73 | $2.05 |
Item | Meadow Lakes | Alaska |
---|---|---|
Haircut | $23.5 | $18.62 |
Beauty Salon | $54.87 | $39.05 |
Toothpaste | $3.15 | $2.34 |
Item | Meadow Lakes | 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 |
Item | Meadow Lakes | Alaska |
---|---|---|
Gasoline | $2.59 | $2.22 |
Tire Balancing | $48.67 | $50.07 |
All Electricity | $247.3 | $167.67 |
Phone | $184.26 | $175.64 |
City | Population | Cost Of Living | Vs. Meadow Lakes |
---|---|---|---|
Knik-Fairview, AK | 17,682 | 124 | 1.0x |
Wasilla, AK | 10,469 | 121 | 1.0x |
Tanaina, AK | 10,449 | 123 | 1.0x |
Palmer, AK | 7,359 | 118 | 1.0x |
Gateway, AK | 5,965 | 127 | 1.1x |