Cost of energy in Alaska up 25% this year – Must Read Alaska

The primary a part of 2022 was considerably dearer for Alaskans, with power prices main the cost. Total, Alaskans paid 25% extra for power this 12 months than final 12 months.

In line with the Alaska Division of Labor, the price of residing in Alaska was 7.5% larger throughout all classes in the course of the first a part of the 12 months; some issues had been dearer than others.

Gasoline, as an illustration, was over 52% larger from the prior 12 months. Meals was greater than 11% larger, and housing was practically 4% larger. Anchorage housing costs proceed to drive the price of residing larger, as laws make it dearer to construct housing within the metropolis.

The statistics come through the U.S. Bureau of Labor Statistics, Client Value Index-City for City Alaska, April, 2022, which in contrast this 12 months’s costs to final 12 months’s.

The info reveals that city Alaskans are spending greater than 40% of their revenue on housing, and greater than 15% of their revenue on meals, for a mixed 56%.

Meals within the city facilities of Anchorage, Fairbanks, and Juneau usually are not essentially dearer than some locations in the USA, even when costs appear to be skyrocketing. However Juneau makes the checklist for the place in America the place it’s costliest to get your tooth cleaned.