Platinum, AK Cost of Living


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Platinum cost of living score
133.4
More expensive
33.4% higher
than the US average
14.5% higher
than the Alaska average
Platinum, Alaska gets a BestPlaces Cost of Living score of 133.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 33.4% higher than the U.S. average and 14.5% lower than the average for Alaska.

Platinum, AK

Housing costs in Platinum?
A typical home costs $483,300, which is 42.9% more expensive than the national average of $338,100 and 43.8% more expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Platinum costs $1,840 per month, which is 28.7% more than the national average of $1,430 and 26.6% more than the state average of $1,350.

Can I afford Platinum?
To live comfortably in Platinum, Alaska, a minimum annual income of $92,520 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Platinum?
The cost of living in Platinum, AK is relatively low compared to many other places in the United States. Basic groceries and household items can be found for much cheaper than you would expect in a more urban area. Rent is also very reasonable due to the small population size of the city and the limited rental market. Utilities like gas, electricity, water, and internet are all generally affordable as well. Overall, Platinum offers a great quality of life with lower costs than most other places in America.
   Cost of living score
     CategoriesPlatinumAlaskaUnited States
  133.4116.5100.0
  210.8141.7100
  124.1127.3100.0
  132.4100.6100.0
  $483,300$336,100$338,100
  249.3%169.8%100.0%
  70.698.2100.0
  94.3112.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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