Eagle River, AK, shows a higher cost of living compared to the nationwide average. The cost of living index for Eagle River stands at 128, which is 28% higher than the national average of 100. This increase is driven by higher expenses in housing, groceries, and healthcare, making it important for job seekers to consider these factors when planning their relocation.
The cost of living in Eagle River, Alaska, stands notably higher than the nationwide average, which is set at 100. Housing costs in Eagle River are 40% higher, with an index of 140. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive compared to the average American city. Groceries also show a substantial increase, with an index of 120, indicating that food costs are 20% higher.
Utilities, transportation, healthcare, and miscellaneous expenses in Eagle River also exceed the national average. Utilities have an index of 110, which is 10% higher. Transportation costs are 15% higher, with an index of 115. Healthcare expenses, which include medical services and insurance, are 30% higher, with an index of 130. Miscellaneous costs, which cover items like clothing and entertainment, are 25% higher, with an index of 125. These figures collectively highlight the elevated cost of living in Eagle River, making it important for job seekers to consider these factors when planning their move.
