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 118, which is 1.2x higher than the national index of 100.
Compared to Alaska, Meadow Lakes has a cost of living index that's 1.0x lower than Alaska's index of 122.
The standard of living in Meadow Lakes ranks as #4 most affordable out of the 22 places we measured in Alaska. By definition, that implies Meadow Lakes ranks as the #18 most expensive place in the Last Frontier.
For more reading on life in Meadow Lakes, check out:
Meadow Lakes Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Meadow Lakes. Here is how it fares on each of the criteria:
The Services index in Meadow Lakes is 124.
The Groceries index in Meadow Lakes is 111.
The Health index in Meadow Lakes is 127.
The Housing index in Meadow Lakes is 115.
The Transportation index in Meadow Lakes is 127.
The Utilities index in Meadow Lakes is 122.
| Living Expense | Meadow Lakes | Alaska | National Average |
|---|---|---|---|
| Overall | 118 | 122 | 100 |
| Services | 124 | 117 | 100 |
| Groceries | 111 | 112 | 100 |
| Health | 127 | 137 | 100 |
| Housing | 115 | 113 | 100 |
| Transportation | 127 | 125 | 100 |
| Utilities | 122 | 116 | 100 |
Meadow Lakes 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 Meadow Lakes Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Meadow Lakes, 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 Meadow Lakes is $383,626.
The Median Rent in Meadow Lakes is $1,377.
The Median Income in Meadow Lakes is $81,699.
The Home Value To Income in Meadow Lakes is 4.7x.
The Rent To Monthly Income in Meadow Lakes is 0.2x.
| Statistic | Meadow Lakes | Alaska | United States |
|---|---|---|---|
| Median Home Value | $383,626 | $387,635 | $332,700 |
| Median Rent | $1,377 | $1,419 | $1,413 |
| Median Income | $81,699 | $92,788 | $80,734 |
| Home Value To Income | 4.7x | 4.2x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Meadow Lakes, AK Costs By Category
Detailed Meadow Lakes Services costs vs. Alaska
| Item | Meadow Lakes | 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 Meadow Lakes Groceries costs vs. Alaska
| Item | Meadow Lakes | 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 Meadow Lakes Health costs vs. Alaska
| Item | Meadow Lakes | Alaska |
|---|---|---|
| Optometrist | $247.07 | $125.68 |
| Doctor | $215.28 | $135.78 |
| Dentist | $153.23 | $113.29 |
Detailed Meadow Lakes Transportation costs vs. Alaska
| Item | Meadow Lakes | Alaska |
|---|---|---|
| Gasoline | $3.93 | $3.46 |
| Tire Balancing | $65.07 | $59.92 |
Detailed Meadow Lakes Utilities costs vs. Alaska
| Item | Meadow Lakes | Alaska |
|---|---|---|
| All Electricity | $232.09 | $193.99 |
| Phone | $189.01 | $192.25 |
Meadow Lakes SnackAbility
Cost Of Living In Cities Around Meadow Lakes
The cost of living varies in the cities and towns around Meadow Lakes. Here's a quick look at the cost of living in the most populous nearby places:
Knik-Fairview, AK has a cost of living index of 124, 1.1x Meadow Lakes.
Wasilla, AK has a cost of living index of 119, 1.0x Meadow Lakes.
Tanaina, AK has a cost of living index of 125, 1.1x Meadow Lakes.
| City | Population | Cost Of Living | Vs. Meadow Lakes |
|---|---|---|---|
| Knik-Fairview, AK | 19,972 | 124 | 1.1x |
| Wasilla, AK | 9,720 | 119 | 1.0x |
| Tanaina, AK | 9,646 | 125 | 1.1x |
| Gateway, AK | 6,845 | 134 | 1.1x |
| Palmer, AK | 6,268 | 115 | 1.0x |
