Sitka 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.
IndexSitkaAlaskaNational
Cost of living index140133100
IndexSitkaAlaskaNational
Goods & Services index112119100
Groceries index125128100
Health care index149143100
Housing index170135100
Transportation index155146100
Utilities index142159100
A general overview of the cost of living index for Sitka, AK is displayed above. In Sitka, AK, the overall cost of living index is 140, which is 6% higher than the Alaska average and 40% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Sitka, AK, the city's goods and services are 5% lower than the Alaska average and 12% higher than the U.S. average.

Did you know?

  • The cost of living in Sitka is 6% higher than the Alaska average.
  • The cost of living in Sitka is 40% higher than the national average.
  • The cost of housing in Sitka is 70% 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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Salary Calculator

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Use the salary calculator to compare your current income in Sitka, AK to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Sitka, AK, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Sitka, AK salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,184$7,182$2,011$2,586
Renters$47,500$3,958$1,108$1,425
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Sitka, AK as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Sitka, AK homeowners, is $86,184. This would allow for a maximum of $2,011 per month to be spent on housing costs. For renters, the median monthly income is $47,500 which would result in a maximum of $1,108 to be spent on rental costs.

Alaska Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alaska0%7%

Alaska Income Tax

StateIncome Tax (Low)Income Tax (High)
Alaska0%0%
For those who live in Sitka, AK and want to know what the true cost of living is, they ought to look at both the Alaska income tax rate and the Alaska sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Alaska, the sales tax is 0%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Alaska, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemSitkaNational avg.Difference
Haircut $19.67$14.5934.8%
Beauty Salon $38.17$34.6810.1%
Toothpaste $2.79$2.4712.8%
Shampoo $1.20$1.0217.4%
Movie $11.50$9.8716.5%
Bowling $5.25$4.3919.5%

Groceries

ItemSitkaNational avg.Difference
Ground Beef $5.01$4.4811.9%
Fried Chicken $1.51$1.463.1%
Milk $2.52$2.366.9%
Potatoes $5.61$3.0683.2%
Pizza $12.62$9.2436.5%
Beer $9.82$8.6313.8%

Health Care

ItemSitkaNational avg.Difference
Optometrist $201.00$99.78101.4%
Doctor $172.75$105.0364.5%
Dentist $151.00$88.7070.2%
Ibuprofen $9.40$9.410.1%
Lipitor $307.94$298.503.2%

Housing

ItemSitkaNational avg.Difference
Home Price $335,800.00$175,700.0091.1%
Avg. Mortgage Payment $1,650.65$1,081.0352.7%
Apartment Rent $1,101.00$920.0019.7%

Transportation

ItemSitkaNational avg.Difference
Gasoline $3.62$2.0972.9%
Tire Balancing $48.10$45.296.2%

Utilities

ItemSitkaNational avg.Difference
All Electricity$300.95$170.8076.2%
Phone $26.75$28.265.3%
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.
Sitka, AK8,95714040%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bothell East, WA8,95915050%
Pitman, NJ8,95911414%
New Baltimore, VA8,95513333%
Barre, VT8,9551033%
Moundsville, WV8,96087-13%
Sitka, AK8,95714040%
Source: The Sitka, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.