Is it expensive to love in Alaska?

Are you considering a move to Alaska? The cost of living in Alaska is higher than the national average, so it's important to consider the financial implications of relocating. This article will explore the cost of living in Alaska and answer the question: Is it expensive to live in Alaska?

Cost of Living in Alaska
The cost of living in Alaska is 28% higher than the national average. Housing is 28% higher than the national average, while utilities are 53% higher. The cost of groceries is slightly lower than the national average, while transportation costs are comparable. The cost of healthcare is slightly higher than the national average.

Housing Costs
Housing costs in Alaska are higher than the national average. The median home price in Alaska is $293,000, compared to the national median of $219,700. Renters can expect to pay higher than average rent for an apartment in Alaska. The median rent for a two-bedroom apartment is $1,567, compared to the national median of $1,148.

Utilities Costs
Utilities costs in Alaska are higher than the national average. The average monthly electricity bill in Alaska is $167, compared to the national average of $117. The average monthly natural gas bill in Alaska is $82, compared to the national average of $68.

Transportation Costs
Transportation costs in Alaska are comparable to the national average. The average cost of a gallon of gas in Alaska is $2.79, compared to the national average of $2.71. The average cost of a monthly public transit pass in Alaska is $50, compared to the national average of $58.

The cost of living in Alaska is higher than the national average. Housing costs, utilities costs, and transportation costs are all higher than the national average. If you're considering a move to Alaska, it's important to factor in the higher cost of living.