A Breakdown of the Cost of Living in Alaska
- Housing in Alaska is 23% higher than US average. A median home price of $652,578.4 versus $532,491 gives you more affordability and greater flexibility when planning for long-term homeownership.
- Renting in Alaska is 26.0% higher than US average. A median monthly rent of $1,722.6, compared to $1,367, means you should account for higher monthly payments and tighter budget planning.
- Utilities in Alaska are 31% higher than US average. Electricity costs around $346.77 and phone services average $195.86, which can noticeably increase your monthly household expenses.
- Food and grocery prices in Alaska are 23% higher than US average. Everyday items, such as milk at $5.24 per gallon and bread at $5.67 per loaf, contribute to higher weekly grocery bills.
- Transportation costs in Alaska are 19.51% higher than US average. With gas prices at $3.94 per gallon, along with insurance and maintenance, commuting can quickly become a significant expense.
- Healthcare costs in Alaska are 80.29% higher than U.S. average. Doctor visits at $308.76 and dental checkups averaging $167.77 can increase out-of-pocket medical expenses.
- Miscellaneous expenses in Alaska are 16.55% higher than US average. From entertainment to personal services and dining out, these everyday extras tend to add up faster. Costs for entertainment, personal services, and dining out can add up fast.
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Data provided by Redfin, a national real estate brokerage.



