Cost of Living in Northway, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.8
100 = national avg
-1.2 vs national average
Living Wage (1 Adult)
$43,489
per year
Living Wage (Family of 4)
$102,792
per year
Cost Index by Category
Housing98.6
Utilities99.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,198
per month
2 Bedroom
$1,313
per month
The overall cost of living index in Northway is 98.8, which is 1.2% below the national average. Housing costs are below the national average at an index of 98.6. A single adult needs to earn approximately $43,489 per year to cover basic expenses.