Cost of Living in Meadow Lakes, AK
Population 8,994 · Alaska · Data vintage 2023
(100 = US avg)
Meadow Lakes's economy is tied closely to the extraction industries that dominate much of Alaska. Median household incomes of $81,250 run at or above national figures despite the small population — a direct signal of the wage premium that mining, oil, and gas employers pay. Home values of $305,000 keep the overall cost equation favorable.
Meadow Lakes is about 35 miles northwest of Anchorage, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Anchorage's $376,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Meadow Lakes
The median home value in Meadow Lakes is $305,100 — equal to the national median of $305,000. Median rent runs $1,308/month, equal to than the national median of $1,314/month. The median household income of $81,250/year is 9% higher than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Alaska charges no state income tax, a meaningful advantage for take-home pay. Overall, Meadow Lakes has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
Meadow Lakes has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Meadow Lakes, AK?
Meadow Lakes has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Meadow Lakes, AK?
The median gross rent in Meadow Lakes is $1,308 per month based on 2023 Census data.
What is the average home price in Meadow Lakes?
The median home value in Meadow Lakes is $305,100 according to Zillow and Census data.
What is the median income in Meadow Lakes?
The median household income in Meadow Lakes is $81,250 per year (2023 ACS 5-year estimates).
What is the sales tax in Meadow Lakes, AK?
The combined state and local sales tax rate in Meadow Lakes is 1.8%. Alaska has no state income tax.
Is Meadow Lakes, AK affordable?
Meadow Lakes is near the national average in terms of cost of living, with an index of 100 (100 = US average).
Meadow Lakes at a Glance
- Population
- 8,994
- Median Income
- $81,250
- Home Value
- $305,100
- Median Rent
- $1,308/mo
- Unemployment
- 5.0%
- Sales Tax
- 1.8%
Nearby Cities
Explore county-level cost of living data
Alaska Rankings
Similar Cost Cities
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