Farmers Loop, Alaska

Cost of living in Farmers Loop, Alaska

  • Cost of living compated to USAthe highest
  • Cost of living compared to Alaskahigh
  • Median household incomethe highest

Is it expensive to live in Farmers Loop, Alaska? When calculating the cost of living in Farmers Loop, Alaska we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Farmers Loop, Alaska is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alaska, while median household income in Farmers Loop is $87,579 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alaska.

Taxes in Farmers Loop, Alaska

The sales tax rate in Farmers Loop, Alaska is 0.0%. Last year, the average property taxes paid was 1.2% Farmers Loop, Alaska.

The state of Alaska is one of the states with no state income taxes.

Housing costs in Farmers Loop, Alaska

  • The average cost of a single-family home compated to USAmoderate
  • The average cost of a single-family home compated to Alaskalow

In Farmers Loop, Alaska, 79% of the population owns their homes, while approximately 21% rent. The average cost of a single-family home in Farmers Loop, Alaska in 2022 is $228,423 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alaska. The average one-bedroom apartment cost is approximately $917 per month.

Rental SizeMonthly CostCompared to Alaska
1 Bedroom$917moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,207moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,714moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,071moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
Cities Near Farmers Loop: Fairbanks, College, Fox, Goldstream, Steele Creek