Cost of Living in Knik-Fairview, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
147.2
100 = national avg
+47.2 vs national average
Living Wage (1 Adult)
$64,785
per year
Living Wage (Family of 4)
$153,127
per year
Cost Index by Category
Housing173.3
Food122.6
Transportation145.2
Healthcare118.1
Utilities128.2
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 Knik-Fairview is 147.2, which is 47.2% above the national average. Housing costs are above the national average at an index of 173.3. A single adult needs to earn approximately $64,785 per year to cover basic expenses.