Cost of Living in Sterling, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
144.9
100 = national avg
+44.9 vs national average
Living Wage (1 Adult)
$63,754
per year
Living Wage (Family of 4)
$150,692
per year
Cost Index by Category
Housing138.7
Food134.3
Transportation168.7
Healthcare127.5
Utilities128.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,000
per month
2 Bedroom
$1,312
per month
The overall cost of living index in Sterling is 144.9, which is 44.9% above the national average. Housing costs are above the national average at an index of 138.7. A single adult needs to earn approximately $63,754 per year to cover basic expenses.