Cost of Living in North Lakes, AK

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

Cost of Living Overview

Overall Index

150.6

100 = national avg

+50.6 vs national average

Living Wage (1 Adult)

$66,242

per year

Living Wage (Family of 4)

$156,573

per year

Cost Index by Category

Housing
167.9
Food
128.6
Transportation
157.1
Healthcare
122.8
Utilities
130.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,049

per month

2 Bedroom

$1,376

per month

The overall cost of living index in North Lakes is 150.6, which is 50.6% above the national average. Housing costs are above the national average at an index of 167.9. A single adult needs to earn approximately $66,242 per year to cover basic expenses.