Eagle River, AK, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries are 15% more expensive. Utilities and transportation also exceed the national average by 5% and 10%, respectively. However, healthcare costs are 5% lower, and miscellaneous expenses are just 2% above the national average.
The cost of living in Eagle River, Alaska, shows some notable differences compared to the nationwide average. For instance, housing costs are 20% higher than the national average, with an index of 120. This means that housing expenses in Eagle River are significantly more than what people might expect if they compare it to the rest of the country. Groceries also cost more, with an index of 115, indicating a 15% increase over the average. This higher cost can impact monthly budgets significantly for many families.
Transportation costs in Eagle River are 10% above the national average, with an index of 110. This increase can add to the overall living expenses for those who rely on personal vehicles. Utilities, however, are slightly above the national average at 105, showing a 5% increase. Healthcare costs are more favorable, with an index of 95, meaning they are 5% lower than the national average. This can be a positive factor for people considering the overall cost of living. Miscellaneous expenses have an index of 102, which is 2% higher than the national average. This slight increase can add up over time, affecting the overall budget.
