Tok, Alaska Cost Of Living

Buy Rent

F

Overall 21%

Goods & Services 14%

Housing 7%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Tok	Alaska	National
Cost of living	121	128	100
Goods & Services	114	114	100
Groceries	124	135	100
Health care	156	154	100
Housing	93	135	100
Transportation	113	110	100
Utilities	223	155	100

Key findings

The cost of living in Tok is 5% lower than the Alaska average
The cost of living in Tok is 21% higher than the national average
Tok housing is 7% lower 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	$71,250	$5,938	$1,662	$2,138
Renters	$36,250	$3,021	$846	$1,088

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	Tok	National avg.	Difference
Haircut	$24.14	$20.27	19.1%
Beauty Salon	$47.98	$40.39	18.8%
Toothpaste	$2.47	$2.36	4.8%
Shampoo	$1.11	$1.08	2.8%
Movie	$13.50	$10.99	22.9%
Bowling	$15.33	$15.49	1.0%

Groceries

Item	Tok	National avg.	Difference
Ground Beef	$5.92	$4.30	37.7%
Fried Chicken	$1.58	$1.40	13.1%
Milk	$3.04	$2.20	37.9%
Potatoes	$4.88	$3.22	51.5%
Pizza	$11.99	$10.74	11.6%
Beer	$10.82	$9.60	12.8%

Health Care

Item	Tok	National avg.	Difference
Optometrist	$256.81	$109.73	134.0%
Doctor	$219.34	$118.34	85.3%
Dentist	$154.44	$100.94	53.0%
Ibuprofen	$10.85	$9.93	9.3%
Lipitor	$508.39	$469.53	8.3%

Housing

Item	Tok	National avg.	Difference
Home Price	$159,700.00	$184,700.00	13.5%
Avg. Mortgage Payment	$1,397.62	$1,229.62	13.7%
Apartment Rent	$1,015.00	$949.00	7.0%

Transportation

Item	Tok	National avg.	Difference
Gasoline	$3.31	$2.71	22.2%
Tire Balancing	$51.13	$51.86	1.4%

Utilities

Item	Tok	National avg.	Difference
All Electricity	$544.20	$170.84	218.5%
Phone	$184.80	$187.18	1.3%

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.
Tanacross, AK	164	112	11.9%
Tok, AK	1,239	121	21.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
South Waverly, PA	1,239	94	5.8%
Bowling Green, VA	1,239	105	4.6%
Chualar, CA	1,238	114	13.7%
Knights Landing, CA	1,240	102	2.2%
Cripple Creek, CO	1,238	94	6.0%
Tok, AK	1,239	121	21.3%

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