Cost of Living in Farmers Loop, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
140.6
100 = national avg
+40.6 vs national average
Living Wage (1 Adult)
$61,876
per year
Living Wage (Family of 4)
$146,251
per year
Cost Index by Category
Housing142.5
Food129.2
Transportation151.2
Healthcare123.4
Utilities126.0
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 Farmers Loop is 140.6, which is 40.6% above the national average. Housing costs are above the national average at an index of 142.5. A single adult needs to earn approximately $61,876 per year to cover basic expenses.