Cost of living in Tanaina 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 Tanaina 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 Tanaina is 123, with 100 being the average.
The cost of living index in Tanaina is 1.2x higher than the national average.
Tanaina ranks as the #7 cheapest in Alaska out of 22.
Tanaina ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Tanaina is $258,100.
The median income in Tanaina is $81,659.
According to the most recent data on the cost of living, Tanaina has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Alaska, Tanaina has a cost of living index that's 1.0x lower than Alaska's index of 125.
The standard of living in Tanaina ranks as #7 most affordable out of the 22 places we measured in Alaska. By definition, that implies Tanaina ranks as the #15 most expensive place in the Last Frontier.
For more reading on life in Tanaina, check out:
Six factors go into calculating the cost of living index in Tanaina. Here is how it fairs on each of the criteria:
The Services index in Tanaina is 115.
The Groceries index in Tanaina is 127.
The Health index in Tanaina is 146.
The Housing index in Tanaina is 125.
The Transportation index in Tanaina is 112.
The Utilities index in Tanaina is 127.
Living Expense | Tanaina | Alaska | National Average | |
---|---|---|---|---|
Overall | 123 | 125 | 100 | |
Services | 115 | 119 | 100 | |
Groceries | 127 | 129 | 100 | |
Health | 146 | 152 | 100 | |
Housing | 125 | 119 | 100 | |
Transportation | 112 | 119 | 100 | |
Utilities | 127 | 147 | 100 |
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 Tanaina is $258,100.
The Median Rent in Tanaina is $1,240.
The Median Income in Tanaina is $81,659.
The Home Value To Income in Tanaina is 3.2x.
The Rent To Monthly Income in Tanaina is 0.18x.
Statistic | Tanaina | Alaska | United States |
---|---|---|---|
Median Home Value | $258,100 | $282,800 | $244,900 |
Median Rent | $1,240 | $1,279 | $1,163 |
Median Income | $81,659 | $80,287 | $69,021 |
Home Value To Income | 3.2x | 3.5x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Tanaina. Here's a quick look at the cost of living in the most populous nearby places:
Knik-Fairview, AK has a cost of living index of 124, 1.0x Tanaina.
Wasilla, AK has a cost of living index of 121, 1.0x Tanaina.
Meadow Lakes, AK has a cost of living index of 120, 1.0x Tanaina.
City | Population | Cost Of Living | Vs. Tanaina |
---|---|---|---|
Knik-Fairview, AK | 18,282 | 124 | 1.0x |
Wasilla, AK | 9,098 | 121 | 1.0x |
Meadow Lakes, AK | 8,367 | 120 | 1.0x |
Gateway, AK | 6,305 | 127 | 1.0x |
Palmer, AK | 5,978 | 118 | 1.0x |