Cost of living in Homer, AK

Homer is a Census city in Kenai Peninsula Borough, AK. ACS 2024 5-year population is 5,877. Median gross rent is $1,238 (ACS 2024 5-year, this place). Median home value is $388,400. Median household income is $74,449. Insurance is the NAIC state average; food is a USDA plan — no town indexes.