Cost of living in Eagle River
Eagle River, located in the state of Alaska, offers a unique living experience with its scenic beauty and small-town charm. Understanding the cost of living in Eagle River is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed decisions about living in Eagle River.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $21 on average, with a range between $15 and $28.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $94, with prices ranging from $70 to $140.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.5, with a range between $10.5 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $9, imported beer $6 to $9, cappuccino $4 to $9, and Coke/Pepsi $2 to $3.5.
Grocery Prices
- Milk - Milk is priced between $1 and $1.53 per liter, averaging $1.16.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.08 and $5.1, with an average price of $4.21.
- Eggs (Dozen) - A dozen eggs range from $2.19 to $3.89, averaging $3.1.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.31 to $9.9 per kg, while oranges range from $4.39 to $8.38 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $2.84 per kg, and lettuce costs $2.29 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.95 and $1.23 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.71 per km and $38 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $33,679 and $35,000, while a Toyota Corolla ranges from $25,572 to $25,659.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available for Eagle River.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available for Eagle River.
- 3-Bedroom Apartment Rent (City Centre) - Data not available for Eagle River.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not available for Eagle River.
- Buying Price per Square Meter (City Centre) - Data not available for Eagle River.
- Buying Price per Square Meter (Outside Centre) - Data not available for Eagle River.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $200 and $525, averaging $348.11.
- Internet - Internet services range from $100 to $189, with an average cost of $129.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Eagle River offers a moderate cost of living with dining and grocery prices slightly above the national average.
Transportation costs are relatively low, especially for gasoline, but housing data is limited, making it difficult to assess rental and purchase costs.
Utilities and internet services are on the higher side, reflecting the challenges of living in a remote location like Alaska.
Conclusion
Living in Eagle River, AK, presents a unique blend of natural beauty and small-town living, with a cost of living that varies across different categories.
While dining and grocery costs are somewhat higher, transportation remains affordable. However, potential residents should be prepared for higher utility expenses.
Overall, Eagle River offers a balanced lifestyle, but it's important to consider all aspects of living costs when planning a move to this Alaskan community.