Buffalo Soapstone cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The 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. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexBuffalo SoapstoneAlaskaNational
Cost of living111128100
IndexBuffalo SoapstoneAlaskaNational
Goods & Services106112100
Groceries131137100
Health care142147100
Housing99135100
Transportation113120100
Utilities125147100

Key findings

  • The cost of living in Buffalo Soapstone is 13% lower than the Alaska average
  • The cost of living in Buffalo Soapstone is 11% higher than the national average
  • Buffalo Soapstone housing is 1% lower 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 Buffalo Soapstone, AK Cost of Living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$67,679$5,640$1,579$2,031
      Renters$0$0$0$0

      Alaska Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Alaska0%7%

      Alaska Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Alaska0%0%

      Goods & Services

      ItemBuffalo SoapstoneNational avg.Difference
      Haircut $20.00$17.4914.4%
      Beauty Salon $46.00$38.1720.5%
      Toothpaste $3.10$2.3233.6%
      Shampoo $1.12$1.0110.7%
      Movie $12.18$10.7213.6%
      Bowling $18.50$13.8633.5%

      Groceries

      ItemBuffalo SoapstoneNational avg.Difference
      Ground Beef $4.74$3.9021.5%
      Fried Chicken $1.68$1.4020.4%
      Milk $2.54$1.9629.4%
      Potatoes $4.11$3.1829.1%
      Pizza $8.49$10.3918.3%
      Beer $9.99$9.238.2%

      Health Care

      ItemBuffalo SoapstoneNational avg.Difference
      Optometrist $213.85$106.34101.1%
      Doctor $181.67$115.2557.6%
      Dentist $140.50$98.3842.8%
      Ibuprofen $9.35$9.261.0%
      Lipitor $561.49$466.4720.4%

      Housing

      ItemBuffalo SoapstoneNational avg.Difference
      Home Price $181,900.00$184,700.001.5%
      Avg. Mortgage Payment $2,022.15$1,273.3258.8%
      Apartment Rent $938.00$949.001.2%

      Transportation

      ItemBuffalo SoapstoneNational avg.Difference
      Gasoline $2.98$2.5914.9%
      Tire Balancing $56.00$48.9014.5%

      Utilities

      ItemBuffalo SoapstoneNational avg.Difference
      All Electricity$243.53$167.6045.3%
      Phone $181.41$163.4211.0%
      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.
      Sutton-Alpine, AK1,5641088%
      Palmer, AK6,57211212%
      Wasilla, AK8,97211717%
      Butte, AK3,90511919%
      Tanaina, AK9,73611919%
      Buffalo Soapstone, AK83611111%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Menan, ID83691-9%
      Chilchinbito, AZ83683-17%
      Americus, KS83679-21%
      Gainesboro, TN83681-19%
      Parks, LA83682-18%
      Buffalo Soapstone, AK83611111%
      Source: The Buffalo Soapstone, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.