Cost of Living in Palmer, AK - Updated Prices & Insights

86.7

Solo nomad: Estimated monthly costs are $1,279 (excluding rent), and $2,675 including rent.

Family of 3: Estimated monthly costs are $3,008 (excluding rent), and $5,159 including rent.

Meal at Budget Restaurant

$22.05 $22.05

$15.03 $15.03

$40.09 $40.09

Three-Course Dinner for Two, Mid-Range

$73.3 $73.3

$69.8 $69.8

$171 $171

Fast Food Meal (McDonalds, etc)

$12.93 $12.93

$10.44 $10.44

$14.91 $14.91

Cappuccino

$5.45 $5.45

$4.09 $4.09

$9.2 $9.2

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.55 $2.55

$1.95 $1.95

$4.87 $4.87

Water (0.33 liter bottle)

$1.94 $1.94

$1.93 $1.93

$3.88 $3.88

Local Beer (0.5 liter draught)

$6.89 $6.89

$4.92 $4.92

$9.85 $9.85

Imported Beer (0.33 liter bottle)

$7.39 $7.39

$5.91 $5.91

$13.8 $13.8

Milk (1 liter)

$1.11 $1.11

$0.81 $0.81

$1.56 $1.56

White Bread (500g)

$4.12 $4.12

$3.11 $3.11

$5.57 $5.57

Rice (white) (1kg)

$4.41 $4.41

$1.95 $1.95

$7.69 $7.69

Eggs

$3.5 $3.5

$2.06 $2.06

$8.22 $8.22

Local Cheese (1kg)

$12.25 $12.25

$8.73 $8.73

$43.75 $43.75

Chicken Fillets (1kg)

$12.83 $12.83

$6.63 $6.63

$35.46 $35.46

Beef Round Steak (1kg)

$20.92 $20.92

$7.77 $7.77

$35.35 $35.35

Apples (1kg)

$7.5 $7.5

$5.36 $5.36

$14.82 $14.82

Banana (1kg)

$2 $2

$1.96 $1.96

$4.02 $4.02

Oranges (1kg)

$7.91 $7.91

$5.44 $5.44

$10.93 $10.93

Tomato (1kg)

$7.24 $7.24

$5.14 $5.14

$11.21 $11.21

Potato (1kg)

$2.45 $2.45

$1.32 $1.32

$7.84 $7.84

Onion (1kg)

$2.87 $2.87

$1.31 $1.31

$10.94 $10.94

Lettuce (1 head)

$2.69 $2.69

$2.24 $2.24

$4.88 $4.88

Water (1.5 liter bottle)

$2.19 $2.19

$1.48 $1.48

$3.46 $3.46

Cigarettes 20 Pack (Marlboro, Camel)

$11.7 $11.7

$11.09 $11.09

$15.26 $15.26

Wine (Bottle)

$16.1 $16.1

$15.09 $15.09

$30.19 $30.19

Local Beer (0.5 liter bottle)

$1.78 $1.78

$1.33 $1.33

$1.78 $1.78

Imported Beer (0.33 liter bottle)

$3.82 $3.82

$2.14 $2.14

$7.94 $7.94

One-way Ticket (Public Transport)

$1.03 $1.03

$2.05 $2.05

Public Transport Monthly Pass (Regular Price)

$29.94 $29.94

Taxi Start (Normal Tariff)

$2.72 $2.72

$4.95 $4.95

Taxi (Normal Tariff) (1km)

$1.68 $1.68

$2.44 $2.44

Taxi 1hour Waiting (Normal Tariff)

$38.62 $38.62

$20.33 $20.33

$61 $61

Gasoline (1 liter)

$1.06 $1.06

$0.93 $0.93

$1.24 $1.24

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$23.3K $23.3K

$35.4K $35.4K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.2K $26.2K

$25.8K $25.8K

$27.1K $27.1K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$289 $289

$199 $199

$695 $695

SIM Card Monthly Plan (Calls and 10GB+ Data)

$52.7 $52.7

$39.5 $39.5

$98.7 $98.7

Internet (50+ Mbps, Unlimited Data)

$131 $131

$91 $91

$202 $202

Gym Membership (Monthly)

$86.9 $86.9

$74.5 $74.5

$99.3 $99.3

Tennis Court (1 Hour on Weekend)

$10.01 $10.01

Cinema Ticket

$10.03 $10.03

$17.55 $17.55

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$963 $963

$926 $926

$2,903 $2,903

International Primary School, 1 Child (Yearly)

$10.5K $10.5K

$45.8K $45.8K

Jeans (Levis 501 Or Similar)

$49.27 $49.27

$30.16 $30.16

$101 $101

Summer Dress (H&M, Zara, etc)

$45.76 $45.76

$71.2 $71.2

Sport Shoes (Adidas, Nike)

$99 $99

$69.1 $69.1

$123 $123

Men's Leather Business Shoes

$103 $103

$44.51 $44.51

$198 $198

1-bedroom Apartment, City Center (Monthly)

$1,307 $1,307

$1,206 $1,206

$1,457 $1,457

1-bedroom Apartment, Outside City Center (Monthly)

$1,114 $1,114

$998 $998

$1,247 $1,247

3-bedroom Apartment, City Center (Monthly)

$2,190 $2,190

$2,022 $2,022

$2,426 $2,426

3-bedroom Apartment, Outside City Center (Monthly)

$1,817 $1,817

$1,733 $1,733

$1,885 $1,885

Buy Apartment in City Center (m2)

$2,173 $2,173

$2,000 $2,000

$2,532 $2,532

Buy Apartment Outside City Center (m2)

$2,015 $2,015

$1,894 $1,894

$2,264 $2,264

Average Monthly Net Salary (After Tax)

$4,950 $4,950

20-Year Fixed Mortgage Interest Rate (Annual %)

4.65

2.9

6.8

Citycost data is based on AI and user input – minor inaccuracies may occur.

City tags:

🌎 North america

Cost of Living in Palmer, AK - Frequently Asked Questions

Palmer, AK tends to appeal to travelers and remote workers who want a close-knit community with outdoor access. In general terms, the Cost of Living in Palmer, AK can feel reasonable compared with larger cities, especially if you focus on local markets and housing options outside tourist areas. You will notice value in small apartments, shared housing, and longer-term leases, while seasonal spikes can affect groceries and utilities. Neighborhoods range from quiet residential streets to strips with cafes and services that keep daily errands compact. Tip: align your housing search with an intent to mix short walks, car sharing, and seasonal budgeting.

Daily life in Palmer, AK balances practicality with adventure. For housing, you will find options across modest apartments and larger homes, often easier to secure when you search outside peak season and broaden your neighborhood map. Food options emphasize local markets, seasonal produce, and a few dependable grocers; dining out tends to be cozy and neighborhood-centered. Travel usually means a car for most trips, with biking possible in milder months and some routes served by limited transit. If you work remotely, look for nearby cafes and the few coworking spaces. Palmer, AK living cost remains steady for most households, depending on season and location. Tip: Pack a flexible budget and explore neighborhoods on foot to save on transport.

Quality of life in Palmer, AK hinges on your pace of life and outdoor routine. Build a simple budgeting framework: separate fixed costs (housing, utilities) from flexible ones (groceries, transport), and set targets for gear and seasonal needs. Seasonality affects activities, from winter gear to summer excursions, so plan ahead and use multi-use items. Neighborhood fit matters: central gardens and schools cluster areas offer walkable access, while hillside and outlying pockets suit a quieter, longer commute. For savings, consider bulk stores, local co-ops, and secondhand markets. Tip: time your shopping trips with farmers markets and off-peak options to stretch your dollars while keeping quality high.