Homer, AK, stands out with a cost of living index of 118, which is 18% above the nationwide average of 100. This elevated index suggests that living expenses in Homer are higher, particularly in housing, groceries, and utilities. Job seekers should consider this factor when assessing relocation options.
Homer, Alaska, shows a cost of living that varies from the nationwide average. The housing index stands at 129, meaning it costs 29% more than the national average to find a place to live. When it comes to groceries, the index is at 116, which means these items cost 16% more in Homer than on average across the United States. Utilities also have a higher index, at 109, with costs sitting 9% above the national average.
Transportation in Homer has a cost of living index of 121, meaning it is 21% more expensive than the nationwide average. For healthcare services, the index is 105, which is 5% higher than the average cost in the U.S. Finally, miscellaneous expenses are at 112, making these costs 12% greater than the national average. These figures highlight the importance of considering these factors when planning a move to Homer, AK.
