Cost of Living in Knik River, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
139.2
100 = national avg
+39.2 vs national average
Living Wage (1 Adult)
$61,246
per year
Living Wage (Family of 4)
$144,762
per year
Cost Index by Category
Housing141.6
Food126.8
Transportation153.5
Healthcare121.4
Utilities124.4
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 River is 139.2, which is 39.2% above the national average. Housing costs are above the national average at an index of 141.6. A single adult needs to earn approximately $61,246 per year to cover basic expenses.