These Are The 10 Cheapest Places To Live In Alaska For 2018


We used data and science to determine which places in Alaska go easy on your wallet.

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A wise sage once said:

‘She works hard for the money…’

And these places in Alaska definitely treat her right.

You see, these are the places in Alaska where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Last Frontier, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 14 largest places in Alaska, we were left with this set of the best value for your money.

Here are the 10 cheapest places to live in Alaska for 2018:

  1. Hooper Bay (Homes For Sale)
  2. Kenai (Photos | Homes For Sale)
  3. Houston (Homes For Sale)
  4. Cordova (Photos | Homes For Sale)
  5. Homer (Photos | Homes For Sale)
  6. Anchorage (Photos | Homes For Sale)
  7. Kodiak (Photos | Homes For Sale)
  8. Craig (Homes For Sale)
  9. Bethel (Photos | Homes For Sale)
  10. Dillingham (Photos | Homes For Sale)

So listen up Fairbanks (the most expensive place in Alaska) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out the best places to live in Alaska or the most expensive.

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How We Determined The Cheapest Places To Live In The Last Frontier For 2018

There are basic necessities that you have to buy no matter where in the country you live. Those things include:

  • Housing
  • Food
  • Gas
  • Health Insurance
  • Utilities
  • Transportation

You can then compare the cost of these things in each of the places in Alaska to figure out which is the least expensive.

What you are left with is a ‘Cost of Living Index’ that normalizes to 100 for an average place in the United States.

So we used that cost of living index in order to rank all of the 14 places in Alaska that have more than 5,000 people.

And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.

San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.

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1. Hooper Bay

Hooper Bay, Alaska

Source: Public domain

Population: 1,195
Services: 121
Groceries: 123
Health Care: 138
Housing: 47
Transportation: 124
Utilities: 109
More on Hooper Bay: Homes For Sale | Data

2. Kenai

Kenai, Alaska

Population: 7,152
Services: 121
Groceries: 123
Health Care: 138
Housing: 97
Transportation: 124
Utilities: 109
More on Kenai: Homes For Sale | Data
Kenai (/kina/, KEY-nigh) (Dena’ina: Shk’ituk’t) is a city in the Kenai Peninsula Borough in the U.S. state of Alaska. The population was 7,100 as of the 2010 census.

3. Houston

Houston, Alaska

Source: Google Maps

Population: 1,957
Services: 121
Groceries: 123
Health Care: 138
Housing: 98
Transportation: 124
Utilities: 109
More on Houston: Homes For Sale | Data

4. Cordova

Cordova, Alaska

Source: Public domain

Population: 2,441
Services: 121
Groceries: 123
Health Care: 138
Housing: 125
Transportation: 124
Utilities: 109
More on Cordova: Homes For Sale | Data

5. Homer

Homer, Alaska

Population: 5,050
Services: 121
Groceries: 123
Health Care: 138
Housing: 130
Transportation: 124
Utilities: 109
More on Homer: Homes For Sale | Data
Homer is a city located in Kenai Peninsula Borough in the U.S. state of Alaska. It is two hundred and eighteen miles southwest of Anchorage. According to the 2010 Census, the population is 5,003. Long known as The ‘Halibut Fishing Capital of the World.’ Homer is also nicknamed ‘the end of the road,’ and more recently, ‘the cosmic hamlet by the sea.’

6. Anchorage

Anchorage, Alaska

Population: 291,470
Services: 121
Groceries: 123
Health Care: 138
Housing: 144
Transportation: 124
Utilities: 109
More on Anchorage: Homes For Sale | Data
Anchorage (officially called the Municipality of Anchorage) (Dena’ina Athabascan: Dgheyaytnu) is a unified home rule municipality in the U.S. state of Alaska. With an estimated 298,192 residents in 2016, it is Alaska’s most populous city and contains more than 40 percent of the state’s total population; among the 50 states, only New York has a higher percentage of residents who live in its most populous city. All together, the Anchorage metropolitan area, which combines Anchorage with the neighboring Matanuska-Susitna Borough, had a population of 401,635 in 2016, which accounts for more than half of the state’s population.

7. Kodiak

Kodiak, Alaska

Population: 6,196
Services: 117
Groceries: 143
Health Care: 137
Housing: 113
Transportation: 167
Utilities: 141
More on Kodiak: Homes For Sale | Data
Kodiak (Alutiiq: Sun’aq; Russian: , tr. Kadyak) is one of seven communities and the main city on Kodiak Island, Kodiak Island Borough, in the U.S. state of Alaska. All commercial transportation between the entire island and the outside world goes through this city either via ferryboat or airline. The population was 6,130 as of the 2010 census. 2014 estimates put the population at 6,304.

8. Craig

Craig, Alaska

Population: 1,268
Services: 112
Groceries: 125
Health Care: 149
Housing: 84
Transportation: 155
Utilities: 142
More on Craig: Homes For Sale | Data

9. Bethel

Bethel, Alaska

Source: Public domain

Population: 6,140
Services: 117
Groceries: 143
Health Care: 137
Housing: 127
Transportation: 167
Utilities: 141
More on Bethel: Homes For Sale | Data
Bethel (Mamterilleq in Central Alaskan Yup’ik) is a city located near the west coast of the U.S. state of Alaska, approximately 400 miles (640 km) west of Anchorage, in the Bethel Census Area. Accessible only by air and river, Bethel is the main port on the Kuskokwim River and is an administrative and transportation hub for the 56 villages in the Yukon-Kuskokwim Delta.

10. Dillingham

Dillingham, Alaska

Source: Public domain

Population: 2,161
Services: 117
Groceries: 143
Health Care: 137
Housing: 127
Transportation: 167
Utilities: 141
More on Dillingham: Homes For Sale | Data

There You Have It Mr. Or Mrs. Cheapskate

If you’re looking at the cost of living numbers in Alaska, this is an accurate list of the cheapest places to call home.

Detailed List Of The Cheapest Places In Alaska

City Rank Population Services Groceries Health Care
Hooper Bay 1 1,195 121 123 138
Kenai 2 7,152 121 123 138
Houston 3 1,957 121 123 138
Cordova 4 2,441 121 123 138
Homer 5 5,050 121 123 138
Anchorage 6 291,470 121 123 138
Kodiak 7 6,196 117 143 137
Craig 8 1,268 112 125 149
Bethel 9 6,140 117 143 137
Dillingham 10 2,161 117 143 137
Kotzebue 11 3,240 124 123 148
Barrow 12 4,222 124 123 148
Ketchikan 13 8,097 112 125 149
Fairbanks 14 31,656 124 123 148

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