Ketchikan, AK, has a higher cost of living compared to the nationwide average. The cost of living index in Ketchikan stands at 125, which is 25% higher than the average. Housing costs are notably higher, with an index of 145, reflecting a 45% increase over the national average.
The cost of living in Ketchikan, Alaska, shows some significant differences compared to the nationwide average. Housing costs in Ketchikan stand at 145, which is 45% higher than the national average. This means that housing expenses for residents in Ketchikan are notably more expensive. Groceries also reflect a higher cost, with an index of 130, indicating a 30% increase over the national average. This suggests that everyday food shopping can be more costly for those living in Ketchikan.
Utilities in Ketchikan are priced at 110, which is 10% higher than the nationwide average. This modest increase shows that while not as significant as housing and groceries, utility costs still add to the overall cost of living. Transportation costs in Ketchikan are at 120, which is 20% above the national average. This means that commuting and other transportation needs can cost more for residents. Healthcare costs in Ketchikan are slightly lower, with an index of 105, which is 5% above the national average. This indicates that healthcare expenses are relatively more affordable compared to other areas. Overall, Ketchikan's cost of living is higher than the national average, especially in housing, groceries, and transportation.