Cost of Living in Silver Springs, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
162.0
100 = national avg
+62.0 vs national average
Living Wage (1 Adult)
$71,268
per year
Living Wage (Family of 4)
$168,452
per year
Cost Index by Category
Housing148.4
Food149.5
Transportation199.0
Healthcare139.6
Utilities139.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$930
per month
2 Bedroom
$1,130
per month
The overall cost of living index in Silver Springs is 162.0, which is 62.0% above the national average. Housing costs are above the national average at an index of 148.4. A single adult needs to earn approximately $71,268 per year to cover basic expenses.