Goldstream cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGoldstreamAlaskaNational
Cost of living index126130100
IndexGoldstreamAlaskaNational
Goods & Services index122119100
Groceries index127137100
Health care index152146100
Housing index103135100
Transportation index124129100
Utilities index201142100
Here we can see a simple outline of the cost of living in Goldstream, AK. As you can see, with the average cost of living in Goldstream, AK being 126, that puts it 3% lower than the average of Alaska and 26% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Goldstream, AK, the price of goods and services are 3% higher than the average of Alaska as well as 22% higher than the nation's average.

Did you know?

  • The cost of living in Goldstream is 3% lower than the Alaska average.
  • The cost of living in Goldstream is 26% higher than the national average.
  • The cost of housing in Goldstream is 3% higher than the national average.
  • Alaska general sales tax is 100% lower than the national average.
  • Alaska state income tax is 100% lower than the national average.

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Compare Goldstream, AK Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Goldstream, AK would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Goldstream, AK, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Goldstream, AK salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$93,433$7,786$2,180$2,803
Renters$71,463$5,955$1,667$2,144
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Goldstream, AK, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Goldstream, AK homeowners have a median income of $93,433. Using that number, you will come up with a maximum of $2,180 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $71,463, which means there is a maximum of $1,667 to be spent on the costs of renting a home or apartment.

Alaska Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alaska0%7%

Alaska Income Tax

StateIncome Tax (Low)Income Tax (High)
Alaska0%0%
When you are determining the total cost of living in Goldstream, AK you will want to make sure you consider both the Alaska sales tax and the Alaska income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Alaska is 0%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Alaska have a range from 0% to 0%.

Goods & Services

ItemGoldstreamNational avg.Difference
Haircut $13.32$15.5614.4%
Beauty Salon $52.33$36.1144.9%
Toothpaste $2.96$2.4719.9%
Shampoo $0.99$0.962.6%
Movie $12.70$10.1325.4%
Bowling $5.00$4.745.6%

Groceries

ItemGoldstreamNational avg.Difference
Ground Beef $5.28$3.9832.6%
Fried Chicken $1.55$1.4110.4%
Milk $2.37$2.0615.0%
Potatoes $3.65$2.9822.3%
Pizza $12.99$9.4737.1%
Beer $10.50$8.7919.4%

Health Care

ItemGoldstreamNational avg.Difference
Optometrist $228.67$101.04126.3%
Doctor $175.50$107.4463.3%
Dentist $150.98$90.4267.0%
Ibuprofen $9.88$9.286.5%
Lipitor $449.08$426.505.3%

Housing

ItemGoldstreamNational avg.Difference
Home Price $204,500.00$175,700.0016.4%
Avg. Mortgage Payment $1,393.86$1,133.2323.0%
Apartment Rent $645.00$920.0029.9%

Transportation

ItemGoldstreamNational avg.Difference
Gasoline $2.64$1.9932.6%
Tire Balancing $48.57$45.766.1%

Utilities

ItemGoldstreamNational avg.Difference
All Electricity$422.20$163.81157.7%
Phone $36.00$28.3926.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
South Van Horn, AK5471099%
Fox, AK51011212%
Ester, AK2,65312626%
North Pole, AK2,15313131%
Fairbanks, AK32,10013131%
Goldstream, AK3,91012626%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Northwest Harbor, NY3,909220120%
Noyack, NY3,90819191%
Pittsboro, NC3,91296-4%
Bordentown, NJ3,91211818%
Grant-Valkaria, FL3,90811313%
Goldstream, AK3,91012626%
Source: The Goldstream, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.