Mountain Village, AK is a small, picturesque town with a unique cost of living. For example, the average 2 bedroom rent in the area is $810 - much lower than the US average of $1,430. Additionally, grocery prices are also much cheaper in Mountain Village compared to other parts of the country. The listed Grocery Cost Index for the area is 158 versus 100 in the US.
Though it is a small town, there are still plenty of local businesses in Mountain Village. Notable companies include Mountain View Lodge and Reel Time Charters which provide lodging and fishing services within the community respectively. Other businesses include Elm’s Pet Market, Wild Nature Art Gallery, and Main Street Café Bar & Grill – all popular places in Mountain Village that offer quality goods and services to locals and tourists alike.
Overall, life in Mountain Village provides an affordable cost of living with plenty of local businesses for residents to enjoy.
Mountain Village has an unemployment rate of 20.0%. The US average is 6.0%.
Mountain Village has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Mountain Village
- The Sales Tax Rate for Mountain Village is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Mountain Village 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 Mountain Village
- The average income of a Mountain Village resident is $10,068 a year. The US average is $28,555 a year.
- The Median household income of a Mountain Village resident is $34,583 a year. The US average is $69,021 a year.