Cost of Living in McGrath, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.9
100 = national avg
-20.1 vs national average
Living Wage (1 Adult)
$35,146
per year
Living Wage (Family of 4)
$83,073
per year
Cost Index by Category
Housing71.7
Food89.2
Transportation78.3
Healthcare91.3
Utilities87.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,019
per month
2 Bedroom
$1,126
per month
The overall cost of living index in McGrath is 79.9, which is 20.1% below the national average. Housing costs are below the national average at an index of 71.7. A single adult needs to earn approximately $35,146 per year to cover basic expenses.