Cost Of Living in Goldstream, AK

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F

28%

Overall NAT. AVG.

20%

Goods & Services NAT. AVG.

12%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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.
Index	Goldstream	Alaska	National
Cost of living	128	129	100
Goods & Services	120	120	100
Groceries	124	124	100
Health care	153	148	100
Housing	112	135	100
Transportation	109	115	100
Utilities	222	158	100

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Cost Of Living Quick Facts

The cost of living in Goldstream is 1% lower than the Alaska average
The cost of living in Goldstream is 28% higher than the national average
Goldstream housing is 12% 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$0	$0	$0	$0
Renters	$23,870	$1,989	$557	$716

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Goldstream, AK, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Goldstream, homeowners have a median income of $0. Using that number, a maximum of $0 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $23,870, which means there is a maximum of $557 to be spent on the costs of renting a home or apartment.

Alaska Sales Tax

State	General Sales Tax	With Max Surtax
Alaska	0%	7%

Alaska Income Tax

State	Income Tax (Low)	Income Tax (High)
Alaska	0%	0%

Goods & Services

Item	Goldstream	National avg.	Difference
Haircut	$32.06	$24.26	32.2%
Beauty Salon	$51.33	$45.56	12.6%
Toothpaste	$3.77	$3.70	1.7%
Shampoo	$1.35	$1.28	5.7%
Movie	$16.17	$12.13	33.2%
Bowling	$17.55	$18.00	2.5%

Groceries

Item	Goldstream	National avg.	Difference
Ground Beef	$6.57	$5.84	12.5%
Fried Chicken	$2.02	$1.57	28.4%
Milk	$5.16	$4.67	10.4%
Potatoes	$5.98	$4.93	21.2%
Pizza	$13.49	$12.09	11.6%
Beer	$13.88	$10.41	33.3%

Health Care

Item	Goldstream	National avg.	Difference
Optometrist	$274.44	$125.68	118.4%
Doctor	$243.27	$135.78	79.2%
Dentist	$169.02	$113.29	49.2%
Ibuprofen	$12.61	$10.65	18.4%
Lipitor	$536.87	$468.60	14.6%

Housing

Item	Goldstream	National avg.	Difference
Home Price	$237,800.00	$184,700.00	28.7%
Avg. Mortgage Payment	$2,423.46	$2,346.69	3.3%
Apartment Rent	$678.00	$949.00	28.6%

Transportation

Item	Goldstream	National avg.	Difference
Gasoline	$3.80	$3.46	9.8%
Tire Balancing	$64.35	$59.92	7.4%

Utilities

Item	Goldstream	National avg.	Difference
All Electricity	$579.35	$193.99	198.6%
Phone	$187.48	$192.25	2.5%

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	Population	Cost of Living Index	National Avg.
Fox, AK	187	136	35.7%
South Van Horn, AK	396	98	2.0%
Ester, AK	2,174	130	30.0%
North Pole, AK	2,969	131	31.0%
Fairbanks, AK	31,427	132	32.3%
Goldstream, AK	3,315	128	28.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Cutten, CA	3,315	135	34.9%
Islandia, NY	3,315	134	34.2%
Moreland Hills, OH	3,315	134	34.1%
Merrickville-Wolford, ON	3,315	n/a
Masontown, PA	3,314	84	16.1%
Goldstream, AK	3,315	128	28.5%