Cost of Living in Skagway, AK

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

Cost of Living Overview

Overall Index

134.2

100 = national avg

+34.2 vs national average

Living Wage (1 Adult)

$59,059

per year

Living Wage (Family of 4)

$139,593

per year

Cost Index by Category

Housing
154.9
Food
115.7
Transportation
131.3
Healthcare
112.5
Utilities
120.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,253

per month

2 Bedroom

$1,644

per month

The overall cost of living index in Skagway is 134.2, which is 34.2% above the national average. Housing costs are above the national average at an index of 154.9. A single adult needs to earn approximately $59,059 per year to cover basic expenses.