Cost of Living in Craig, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.0
100 = national avg
+3.0 vs national average
Living Wage (1 Adult)
$45,314
per year
Living Wage (Family of 4)
$107,105
per year
Cost Index by Category
Housing118.1
Food101.8
Transportation68.2
Healthcare101.4
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,030
per month
2 Bedroom
$1,153
per month
The overall cost of living index in Craig is 103.0, which is 3.0% above the national average. Housing costs are above the national average at an index of 118.1. A single adult needs to earn approximately $45,314 per year to cover basic expenses.