Cost of Living in Wales, AK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.2
100 = national avg
-35.8 vs national average
Living Wage (1 Adult)
$28,233
per year
Living Wage (Family of 4)
$66,733
per year
Cost Index by Category
Housing53.3
Food79.1
Transportation58.3
Healthcare83.3
Utilities78.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,334
per month
2 Bedroom
$1,533
per month
The overall cost of living index in Wales is 64.2, which is 35.8% below the national average. Housing costs are below the national average at an index of 53.3. A single adult needs to earn approximately $28,233 per year to cover basic expenses.