College Costs in Homer, AK 2026
Compare tuition, housing, and financial aid across 1 colleges in Homer, Alaska. Use our free calculator to estimate your total cost.
Avg Public Tuition
$8,100
per year
Avg Private Tuition
$22,000
per year
Avg Rent Near Campus
$843
per month
Colleges & Universities
1
institutions
Homer Overview
Population
5,522
Student Population
2,211 (40.0%)
Cost of Living Index
114.2 (avg: 100)
Walk Score
34/100
Transit Score
22/100
Unemployment Rate
4.5%
College Cost Calculator for Homer
Cost Inputs
Total Cost (4 Years, Public In-State)
$88,252
Total After Financial Aid
$88,252
Annual Cost
$22,063
Annual After Aid
$22,063
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $88,252 |
| Monthly Payment | $1,002 |
| Total Interest | $31,998 |
| Total Loan Cost | $120,250 |
Universities in Homer
| University | Type | Annual Tuition |
|---|---|---|
| Homer State University | Public | $8,793 |
| Homer Community College | Community | $6,252 |
Homer has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Homer vs. National Average
| Category | Homer | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $8,100 | $10,940 | -$2,840 |
| Monthly Rent Near Campus | $843 | $1,050 | -$207 |
| Cost of Living Index | 114.2 | 100 | +14.200000000000003 |
Homer's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.
Student Life in Homer
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,211 students
Homer has a total population of 5,522, with approximately 2,211 college students (40.0% of the population). As a major college town, Homer offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.
Post-Graduation Outlook in Homer
$49,214
Starting Salary
4.5%
Unemployment Rate
66%
Graduation Rate
~6 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Homer earn a median starting salary of $49,214, which is $14,214 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $88,252 (including room and board), it would take approximately 6 years of the salary premium to recoup the investment. With average financial aid of $10,893 per student per year, the net cost and payback period can be significantly reduced.
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