These Are The 10 Most Affordable Places In Alaska


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 15 largest places in Alaska, we were left with this set of the best value for your money:

  1. Kenai
  2. Kalifornsky
  3. Meadow Lakes
  4. Kodiak
  5. Fairbanks
  6. Knik-Fairview
  7. Lakes
  8. Homer
  9. College
  10. Bethel

So listen up Gateway as we explain how we created this ranking, you could learn some things from the rest of the state.

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How We Determined The Most Affordable Places To Live In The Last Frontier

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 15 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. Kenai

Kenai, Alaska

Source: Wikipedia

Population: 7,152
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

2. Kalifornsky


Population: 7,825
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

3. Meadow Lakes

Meadow Lakes, Alaska

Source: Google Maps

Population: 6,405
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

4. Kodiak

Kodiak, Alaska

Source: Wikipedia

Population: 6,196
Services: 117
Groceries: 117
Healthcare: 117
Housing: 117
Transportation: 117
Utiltiies: 117

5. Fairbanks

Fairbanks, Alaska

Source: Wikipedia

Population: 31,656
Services: 124
Groceries: 124
Healthcare: 124
Housing: 124
Transportation: 124
Utiltiies: 124

6. Knik-Fairview


Population: 14,400
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

7. Lakes


Population: 9,159
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

8. Homer

Homer, Alaska

Source: Wikipedia

Population: 5,050
Services: 121
Groceries: 121
Healthcare: 121
Housing: 121
Transportation: 121
Utiltiies: 121

9. College


Population: 13,849
Services: 124
Groceries: 124
Healthcare: 124
Housing: 124
Transportation: 124
Utiltiies: 124

10. Bethel

Bethel, Alaska

Source: Wikipedia

Population: 6,140
Services: 117
Groceries: 117
Healthcare: 117
Housing: 117
Transportation: 117
Utiltiies: 117

Detailed List Of Affordable Places In Alaska

City Rank Population Services Grociers Healthcare
kenai 1 7,152 121 123 138
kalifornsky 2 7,825 121 123 138
meadow lakes 3 6,405 121 123 138
kodiak 4 6,196 117 143 137
fairbanks 5 31,656 124 123 148
knik-fairview 6 14,400 121 123 138
lakes 7 9,159 121 123 138
homer 8 5,050 121 123 138
college 9 13,849 124 123 148
bethel 10 6,140 117 143 137
chena ridge 11 5,629 124 123 148
ketchikan 12 8,097 112 125 149
badger 13 20,793 124 123 148
anchorage 14 291,470 121 123 138
gateway 15 5,269 121 123 138

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