Cost of Living in Farm Loop, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
159.9
100 = national avg
+59.9 vs national average
Living Wage (1 Adult)
$70,356
per year
Living Wage (Family of 4)
$166,295
per year
Cost Index by Category
Housing191.3
Food134.3
Transportation139.1
Healthcare127.5
Utilities138.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,049
per month
2 Bedroom
$1,376
per month
The overall cost of living index in Farm Loop is 159.9, which is 59.9% above the national average. Housing costs are above the national average at an index of 191.3. A single adult needs to earn approximately $70,356 per year to cover basic expenses.