Cost of Living in College, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.3
100 = national avg
+23.3 vs national average
Living Wage (1 Adult)
$54,273
per year
Living Wage (Family of 4)
$128,281
per year
Cost Index by Category
Housing154.0
Food108.7
Transportation88.1
Healthcare107.0
Utilities116.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,277
per month
2 Bedroom
$1,676
per month
The overall cost of living index in College is 123.3, which is 23.3% above the national average. Housing costs are above the national average at an index of 154.0. A single adult needs to earn approximately $54,273 per year to cover basic expenses.