Lazy Mountain, Alaska Cost Of Living

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F

Overall 22%

Goods & Services 6%

Housing 35%

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	Lazy Mountain	Alaska	National
Cost of living	122	128	100
Goods & Services	106	112	100
Groceries	131	137	100
Health care	142	147	100
Housing	135	135	100
Transportation	113	120	100
Utilities	125	147	100

Key findings

The cost of living in Lazy Mountain is 5% lower than the Alaska average
The cost of living in Lazy Mountain is 22% higher than the national average
Lazy Mountain housing is 35% 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	$83,500	$6,958	$1,948	$2,505
Renters	$27,813	$2,318	$649	$834

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	Lazy Mountain	National avg.	Difference
Haircut	$20.00	$17.49	14.4%
Beauty Salon	$46.00	$38.17	20.5%
Toothpaste	$3.10	$2.32	33.6%
Shampoo	$1.12	$1.01	10.7%
Movie	$12.18	$10.72	13.6%
Bowling	$18.50	$13.86	33.5%

Groceries

Item	Lazy Mountain	National avg.	Difference
Ground Beef	$4.74	$3.90	21.5%
Fried Chicken	$1.68	$1.40	20.4%
Milk	$2.54	$1.96	29.4%
Potatoes	$4.11	$3.18	29.1%
Pizza	$8.49	$10.39	18.3%
Beer	$9.99	$9.23	8.2%

Health Care

Item	Lazy Mountain	National avg.	Difference
Optometrist	$213.85	$106.34	101.1%
Doctor	$181.67	$115.25	57.6%
Dentist	$140.50	$98.38	42.8%
Ibuprofen	$9.35	$9.26	1.0%
Lipitor	$561.49	$466.47	20.4%

Housing

Item	Lazy Mountain	National avg.	Difference
Home Price	$268,500.00	$184,700.00	45.4%
Avg. Mortgage Payment	$2,022.15	$1,273.32	58.8%
Apartment Rent	$1,051.00	$949.00	10.7%

Transportation

Item	Lazy Mountain	National avg.	Difference
Gasoline	$2.98	$2.59	14.9%
Tire Balancing	$56.00	$48.90	14.5%

Utilities

Item	Lazy Mountain	National avg.	Difference
All Electricity	$243.53	$167.60	45.3%
Phone	$181.41	$163.42	11.0%

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, State	Population	Cost of Living Index	National Avg.
Sutton-Alpine, AK	1,564	108	8%
Buffalo Soapstone, AK	836	111	11%
Palmer, AK	6,572	112	12%
Knik River, AK	757	114	14%
Butte, AK	3,905	119	19%
Lazy Mountain, AK	1,538	122	22%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Stapleton, AL	1,538	102	2%
Lewiston, MN	1,538	94	-6%
Oak Grove, LA	1,538	77	-23%
South Deerfield, MA	1,538	118	18%
Wakefield, NE	1,537	81	-19%
Lazy Mountain, AK	1,538	122	22%

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

Lazy Mountain, AK Cost of Living

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