Cost of Living in Central, AK

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

46.8

100 = national avg

-53.2 vs national average

Living Wage (1 Adult)

$20,576

per year

Living Wage (Family of 4)

$48,635

per year

Cost Index by Category

Housing
44.5
Food
64.9
Transportation
20.0
Healthcare
71.9
Utilities
67.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,019

per month

2 Bedroom

$1,126

per month

The overall cost of living index in Central is 46.8, which is 53.2% below the national average. Housing costs are below the national average at an index of 44.5. A single adult needs to earn approximately $20,576 per year to cover basic expenses.