Sitka, AK Cost Of Living
Cost Of Living In Sitka, AK Summary
Cost of living in Sitka research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Sitka is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alaska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Sitka is 133, with 100 being the average.
The cost of living index in Sitka is 1.3x higher than the national average.
Sitka ranks as the #18 cheapest in Alaska out of 22.
Sitka ranks as the #5,359 cheapest out of 6,412 in the US.
The median home value in Sitka is $367,800.
The median income in Sitka is $82,083.
Table Of Contents
Sitka's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sitka, AK?
According to the most recent data on the cost of living, Sitka has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to Alaska, Sitka has a cost of living index that's 1.1x higher than Alaska's index of 125.
The standard of living in Sitka ranks as #18 most affordable out of the 22 places we measured in Alaska. By definition, that implies Sitka ranks as the #4 most expensive place in the Last Frontier.
For more reading on life in Sitka, check out:
- Living In Sitka
- Sitka Crime Report
- Search Homes For Sale In Sitka, AK
In Alaska
In America
Sitka Cost Of Living Vs. Alaska
Six factors go into calculating the cost of living index in Sitka. Here is how it fairs on each of the criteria:
The Services index in Sitka is 110.
The Groceries index in Sitka is 135.
The Health index in Sitka is 152.
The Housing index in Sitka is 164.
The Transportation index in Sitka is 126.
The Utilities index in Sitka is 140.
| Living Expense | Sitka | Alaska | National Average | |
|---|---|---|---|---|
| Overall | 133 | 125 | 100 | |
| Services | 110 | 119 | 100 | |
| Groceries | 135 | 129 | 100 | |
| Health | 152 | 152 | 100 | |
| Housing | 164 | 119 | 100 | |
| Transportation | 126 | 119 | 100 | |
| Utilities | 140 | 147 | 100 | |
Sitka, AK Housing Cost Breakdown
Housing swings affordability the most between places in Alaska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Sitka is $367,800.
The Median Rent in Sitka is $1,232.
The Median Income in Sitka is $82,083.
The Home Value To Income in Sitka is 4.5x.
The Rent To Monthly Income in Sitka is 0.18x.
| Statistic | Sitka | Alaska | United States |
|---|---|---|---|
| Median Home Value | $367,800 | $282,800 | $244,900 |
| Median Rent | $1,232 | $1,279 | $1,163 |
| Median Income | $82,083 | $80,287 | $69,021 |
| Home Value To Income | 4.5x | 3.5x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Sitka, AK Costs By Category
Detailed Sitka Services Costs Vs. Alaska
Detailed Sitka Groceries Costs Vs. Alaska
Detailed Sitka Health Costs Vs. Alaska
Detailed Sitka Transportation Costs Vs. Alaska
Detailed Sitka Utilities Costs Vs. Alaska
Sitka SnackAbility
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