Lazy Mountain, Alaska Cost Of Living

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F

Overall 25%

Goods & Services 15%

Housing 35%

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	125	128	100
Goods & Services	115	114	100
Groceries	124	135	100
Health care	147	154	100
Housing	135	135	100
Transportation	111	110	100
Utilities	130	155	100

Key findings

The cost of living in Lazy Mountain is 3% lower than the Alaska average
The cost of living in Lazy Mountain is 25% 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	$27.03	$20.27	33.3%
Beauty Salon	$50.83	$40.39	25.8%
Toothpaste	$2.78	$2.36	17.8%
Shampoo	$1.16	$1.08	8.1%
Movie	$12.46	$10.99	13.4%
Bowling	$14.00	$15.49	9.6%

Groceries

Item	Lazy Mountain	National avg.	Difference
Ground Beef	$5.35	$4.30	24.4%
Fried Chicken	$1.88	$1.40	34.1%
Milk	$3.02	$2.20	37.2%
Potatoes	$3.83	$3.22	19.0%
Pizza	$11.16	$10.74	3.9%
Beer	$10.74	$9.60	11.9%

Health Care

Item	Lazy Mountain	National avg.	Difference
Optometrist	$228.22	$109.73	108.0%
Doctor	$211.00	$118.34	78.3%
Dentist	$145.68	$100.94	44.3%
Ibuprofen	$10.26	$9.93	3.3%
Lipitor	$494.80	$469.53	5.4%

Housing

Item	Lazy Mountain	National avg.	Difference
Home Price	$268,500.00	$184,700.00	45.4%
Avg. Mortgage Payment	$1,864.87	$1,229.62	51.7%
Apartment Rent	$1,051.00	$949.00	10.7%

Transportation

Item	Lazy Mountain	National avg.	Difference
Gasoline	$3.12	$2.71	15.0%
Tire Balancing	$54.26	$51.86	4.6%

Utilities

Item	Lazy Mountain	National avg.	Difference
All Electricity	$260.89	$170.84	52.7%
Phone	$187.80	$187.18	0.3%

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.
Sutton-Alpine, AK	1,564	111	10.7%
Buffalo Soapstone, AK	836	114	13.6%
Palmer, AK	6,572	115	15.0%
Knik River, AK	757	116	16.1%
Butte, AK	3,905	121	21.2%
Lazy Mountain, AK	1,538	125	24.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Stapleton, AL	1,538	96	4.2%
Oak Grove, LA	1,538	78	21.6%
South Deerfield, MA	1,538	119	18.6%
Lewiston, MN	1,538	95	4.5%
Kugluktuk, NU	1,538	n/a
Lazy Mountain, AK	1,538	125	24.5%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.