Steele Creek, AK Cost Of Living
Cost Of Living In Steele Creek, AK Summary
Cost of living in Steele Creek 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 Steele Creek 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 Steele Creek is 136, with 100 being the average.
The cost of living index in Steele Creek is 1.4x higher than the national average.
Steele Creek ranks as the #18 cheapest in Alaska out of 22.
Steele Creek ranks as the #5,256 cheapest out of 6,489 in the US.
The median home value in Steele Creek is $376,603.
The median income in Steele Creek is $117,260.
Table Of Contents
Steele Creek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Steele Creek, AK?
According to the most recent data on the cost of living, Steele Creek has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.
Compared to Alaska, Steele Creek has a cost of living index that's 1.0x higher than Alaska's index of 131.
The standard of living in Steele Creek ranks as #18 most affordable out of the 22 places we measured in Alaska. By definition, that implies Steele Creek ranks as the #4 most expensive place in the Last Frontier.
For more reading on life in Steele Creek, check out:
In Alaska
In America
Steele Creek Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Steele Creek. Here is how it fairs on each of the criteria:
The Services index in Steele Creek is 118.
The Groceries index in Steele Creek is 124.
The Health index in Steele Creek is 154.
The Housing index in Steele Creek is 132.
The Transportation index in Steele Creek is 109.
The Utilities index in Steele Creek is 221.
| Living Expense | Steele Creek | Alaska | National Average | |
|---|---|---|---|---|
| Overall | 136 | 131 | 100 | |
| Services | 118 | 120 | 100 | |
| Groceries | 124 | 123 | 100 | |
| Health | 154 | 150 | 100 | |
| Housing | 132 | 136 | 100 | |
| Transportation | 109 | 116 | 100 | |
| Utilities | 221 | 158 | 100 | |
Steele Creek, 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 2019-2023. The key points are:
The Median Home Value in Steele Creek is $376,603.
The Median Rent in Steele Creek is $980.
The Median Income in Steele Creek is $117,260.
The Home Value To Income in Steele Creek is 3.2x.
The Rent To Monthly Income in Steele Creek is 0.1x.
| Statistic | Steele Creek | Alaska | United States |
|---|---|---|---|
| Median Home Value | $376,603 | $378,991 | $303,400 |
| Median Rent | $980 | $1,388 | $1,348 |
| Median Income | $117,260 | $89,336 | $78,538 |
| Home Value To Income | 3.2x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.1x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Steele Creek, AK Costs By Category
Detailed Steele Creek Services Costs Vs. Alaska
| Item | Steele Creek | Alaska |
|---|---|---|
| Shampoo | $1.35 | $1.28 |
| Movie | $16.17 | $12.13 |
| Bowling | $17.55 | $18 |
| Haircut | $32.06 | $24.26 |
| Beauty Salon | $51.33 | $45.56 |
Detailed Steele Creek Groceries Costs Vs. Alaska
| Item | Steele Creek | Alaska |
|---|---|---|
| Ground Beef | $6.57 | $5.84 |
| Fried Chicken | $2.02 | $1.57 |
| Milk | $5.16 | $4.67 |
| Potatoes | $5.98 | $4.93 |
| Pizza | $13.49 | $12.09 |
| Beer | $13.88 | $10.41 |
| Toothpaste | $3.77 | $3.7 |
Detailed Steele Creek Health Costs Vs. Alaska
| Item | Steele Creek | Alaska |
|---|---|---|
| Optometrist | $274.44 | $125.68 |
| Doctor | $243.27 | $135.78 |
| Dentist | $169.02 | $113.29 |
Detailed Steele Creek Transportation Costs Vs. Alaska
| Item | Steele Creek | Alaska |
|---|---|---|
| Gasoline | $3.8 | $3.46 |
| Tire Balancing | $64.35 | $59.92 |
Detailed Steele Creek Utilities Costs Vs. Alaska
| Item | Steele Creek | Alaska |
|---|---|---|
| All Electricity | $579.35 | $193.99 |
| Phone | $187.48 | $192.25 |
Steele Creek SnackAbility
/10
Cost Of Living In Cities Around Steele Creek
The cost of living varies in the cities and towns around Steele Creek. Here's a quick look at the cost of living in the most populous nearby places:
Fairbanks, AK has a cost of living index of 133, 1.0x Steele Creek.
Badger, AK has a cost of living index of 137, 1.0x Steele Creek.
College, AK has a cost of living index of 138, 1.0x Steele Creek.
| City | Population | Cost Of Living | Vs. Steele Creek |
|---|---|---|---|
| Fairbanks, AK | 32,242 | 133 | 1.0x |
| Badger, AK | 19,033 | 137 | 1.0x |
| College, AK | 11,730 | 138 | 1.0x |
| Chena Ridge, AK | 5,927 | 134 | 1.0x |
