Cost of Living in Goodnews Bay, AK

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

Cost of Living Overview

Overall Index

61.3

100 = national avg

-38.7 vs national average

Living Wage (1 Adult)

$26,964

per year

Living Wage (Family of 4)

$63,733

per year

Cost Index by Category

Housing
68.8
Food
72.3
Transportation
27.8
Healthcare
77.8
Utilities
77.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,719

per month

2 Bedroom

$1,938

per month

The overall cost of living index in Goodnews Bay is 61.3, which is 38.7% below the national average. Housing costs are below the national average at an index of 68.8. A single adult needs to earn approximately $26,964 per year to cover basic expenses.