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Most Expensive Suburb in Alaska: Butte

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Most Expensive Suburb in Alaska: Butte



Median home price: $194,991

Cost-of-living index: 114

Nonretail spending index: 114

Location: about 40 miles northeast of Anchorage

Population: 3,533


Butte, a small Alaska community surrounded by glaciers, mountains, and rivers, was a sawmill town from 1940 to 1970, according to buttealaska.org. Today, most Butte residents work in farming or wholesale distribution of farm products in Anchorage or the Palmer/Wasilla area, according to the Alaska Commerce Dept.