F
Overall 21%
Goods & Services 6%
Housing 30%
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. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexDiamond RidgeAlaskaNational
Cost of living121128100
Goods & Services106112100
Groceries131137100
Health care142147100
Housing130135100
Transportation113120100
Utilities125147100

Key findings

  • The cost of living in Diamond Ridge is 6% lower than the Alaska average
  • The cost of living in Diamond Ridge is 21% higher than the national average
  • Diamond Ridge housing is 30% 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 Diamond Ridge, AK Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      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$79,605$6,634$1,857$2,388
      Renters$53,125$4,427$1,240$1,594

      Alaska Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Alaska0%7%

      Alaska Income Tax

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

      Goods & Services

      ItemDiamond RidgeNational 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

      ItemDiamond RidgeNational 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

      ItemDiamond RidgeNational 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

      ItemDiamond RidgeNational avg.Difference
      Home Price $251,900.00$184,700.0036.4%
      Avg. Mortgage Payment $2,022.15$1,273.3258.8%
      Apartment Rent $1,105.00$949.0016.4%

      Transportation

      ItemDiamond RidgeNational avg.Difference
      Gasoline $2.98$2.5914.9%
      Tire Balancing $56.00$48.9014.5%

      Utilities

      ItemDiamond RidgeNational 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.
      Halibut Cove, AK3611616%
      Nikolaevsk, AK2571000%
      Anchor Point, AK2,01811010%
      Seldovia Village, AK17512020%
      Fritz Creek, AK2,04312020%
      Diamond Ridge, AK1,20112121%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Byng, OK1,20184-16%
      Sarcoxie, MO1,20180-20%
      Woodworth, LA1,20187-13%
      New Market, AL1,20192-8%
      Princeton, WI1,20185-15%
      Diamond Ridge, AK1,20112121%
      Source: The Diamond Ridge, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.