Tok, AK is a small town located in eastern Alaska. It has a population of about 1100 people and offers a unique Alaskan experience with its breathtaking scenery and endless outdoor activities. The average rent for a two bedroom apartment in Tok is 1,180 dollars, which is significantly lower than the national average of 1,430 dollars. Furthermore, the cost of living index in Tok is 138 compared to the US average of 100, meaning that groceries are slightly more expensive than elsewhere in the country. However, residents can take advantage of various local businesses to get goods at more affordable prices such as Tok Hardware & Supply Co., BRS Petroleum Corporation and Eklutna Market & Deli. All in all, life in Tok may be more costly than other places but it provides an unforgettable experience that makes living there worth it.
Tok has an unemployment rate of 7.2%. The US average is 6.0%.
Tok has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Tok
- The Sales Tax Rate for Tok is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Tok is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tok
- The average income of a Tok resident is $25,197 a year. The US average is $28,555 a year.
- The Median household income of a Tok resident is $43,047 a year. The US average is $69,021 a year.