Hyder, Alaska Cost Of Living

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F

Overall 25%

Goods & Services 13%

Housing 0%

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.
Index	Hyder	Alaska	National
Cost of living	125	128	100
Goods & Services	113	112	100
Groceries	143	137	100
Health care	149	147	100
Housing	n/a	135	100
Transportation	122	120	100
Utilities	134	147	100

Key findings

The cost of living in Hyder is 2% lower than the Alaska average
The cost of living in Hyder is 25% higher than the national average
Hyder housing is 54% 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	$0	$0	$0	$0

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	Hyder	National avg.	Difference
Haircut	$20.00	$17.49	14.4%
Beauty Salon	$44.13	$38.17	15.6%
Toothpaste	$3.09	$2.32	33.1%
Shampoo	$1.22	$1.01	20.6%
Movie	$12.25	$10.72	14.2%
Bowling	$13.33	$13.86	3.8%

Groceries

Item	Hyder	National avg.	Difference
Ground Beef	$4.27	$3.90	9.5%
Fried Chicken	$1.99	$1.40	42.6%
Milk	$2.64	$1.96	34.5%
Potatoes	$4.04	$3.18	26.9%
Pizza	$11.99	$10.39	15.4%
Beer	$9.74	$9.23	5.5%

Health Care

Item	Hyder	National avg.	Difference
Optometrist	$226.17	$106.34	112.7%
Doctor	$210.67	$115.25	82.8%
Dentist	$148.33	$98.38	50.8%
Ibuprofen	$10.17	$9.26	9.8%
Lipitor	$474.23	$466.47	1.7%

Housing

Item	Hyder	National avg.	Difference
Home Price	$0.00	$184,700.00	100.0%
Avg. Mortgage Payment	$2,056.55	$1,273.32	61.5%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Hyder	National avg.	Difference
Gasoline	$3.51	$2.59	35.3%
Tire Balancing	$50.00	$48.90	2.3%

Utilities

Item	Hyder	National avg.	Difference
All Electricity	$265.95	$167.60	58.7%
Phone	$188.61	$163.42	15.4%

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, State	Population	Cost of Living Index	National Avg.
Hyder, AK	0	125	25%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Eola, OR	0	116	16%
Los Veteranos I, TX	0	98	-2%
Bondurant, WY	0	96	-4%
Hunter Creek, AZ	0	106	6%
Fulford, CO	0	104	4%
Hyder, AK	0	125	25%

Source: The Hyder, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Hyder, AK Cost of Living