Cost Of Living in Happy Valley, AK

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	Happy Valley	Alaska	National
Cost of living	118	129	100
Goods & Services	117	120	100
Groceries	124	124	100
Health care	140	148	100
Housing	118	135	100
Transportation	112	115	100
Utilities	112	158	100

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Cost Of Living Quick Facts

The cost of living in Happy Valley is 9% lower than the Alaska average
The cost of living in Happy Valley is 18% higher than the national average
Happy Valley housing is 18% 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	$49,375	$4,115	$1,152	$1,481
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	Happy Valley	National avg.	Difference
Haircut	$28.21	$24.26	16.3%
Beauty Salon	$47.27	$45.56	3.7%
Toothpaste	$3.81	$3.70	2.9%
Shampoo	$1.31	$1.28	2.0%
Movie	$13.19	$12.13	8.7%
Bowling	$18.08	$18.00	0.5%

Groceries

Item	Happy Valley	National avg.	Difference
Ground Beef	$6.62	$5.84	13.3%
Fried Chicken	$2.45	$1.57	55.6%
Milk	$5.09	$4.67	9.0%
Potatoes	$5.98	$4.93	21.2%
Pizza	$12.76	$12.09	5.5%
Beer	$13.48	$10.41	29.5%

Health Care

Item	Happy Valley	National avg.	Difference
Optometrist	$247.07	$125.68	96.6%
Doctor	$215.28	$135.78	58.6%
Dentist	$153.23	$113.29	35.3%
Ibuprofen	$12.38	$10.65	16.2%
Lipitor	$522.08	$468.60	11.4%

Housing

Item	Happy Valley	National avg.	Difference
Home Price	$216,200.00	$184,700.00	17.1%
Avg. Mortgage Payment	$3,534.94	$2,346.69	50.6%
Apartment Rent	$1,148.00	$949.00	21.0%

Transportation

Item	Happy Valley	National avg.	Difference
Gasoline	$3.93	$3.46	13.5%
Tire Balancing	$65.07	$59.92	8.6%

Utilities

Item	Happy Valley	National avg.	Difference
All Electricity	$232.09	$193.99	19.6%
Phone	$189.01	$192.25	1.7%

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.
Nikolaevsk, AK	188	105	4.9%
Anchor Point, AK	2,247	114	14.0%
Ninilchik, AK	898	116	16.4%
Happy Valley, AK	667	118	18.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Yarnell, AZ	667	97	3.1%
Glen St. Mary, FL	667	92	8.3%
Russell, IA	667	77	22.6%
Paris, ID	667	94	5.7%
Loa, UT	667	94	5.8%
Happy Valley, AK	667	118	18.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Happy Valley, AK