WebApr 2, 2024 · The county in Alaska with the lowest cost of living is Kusilvak Census Area. The average living wage in Kusilvak Census Area is $75,124 according to MIT data. Kusilvak Census Area has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Alaska as a whole. Childcare costs $7,708 a … WebJun 27, 2024 · Because it’s so remote, Alaska can be expensive — even in the Anchorage metro area, where the average annual salary is $62,610, well above the national average of $56,310, according to the Bureau of Labor Statistics. “The cost of living is comparable to larger cities in the lower 48,” McDaniel mentions.
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WebThe Department of Labor and Workforce Development estimates the average overall apartment average rent in Anchorage at $1,172 and $1,246 in Fairbanks.vii Keep in mind: The national average for all size units sits at $1,124.viii. Median Rents in Alaska ix. $0. Webmeasure of its contribution to the overall cost of living. Medical care costs, for example, accounted for 5.7% of the total cost of living in the December 1998 index. Housing costs, on the other hand, accounted for 41.4% of the Anchorage CPI during the same period. (See Exhibit 3.) The strong influence that housing costs have on meridian liquid coatings
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WebMar 28, 2024 · The federal minimum wage is $7.25 per hour while Alaska's state law sets the minimum wage rate at $10.85 per hour in 2024. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. View future changes in the minimum wage in your location by visiting Minimum Wage Values … WebAccording to the Bureau of Economic Analysis, the average cost of personal consumption in the state based on 2024 data was $48,739 annually. The overall cost of living here is 25.8% above the national average. Typical Expenses in Alaska. Still considering living here despite the high cost of living, then you should know what you’ll be ... WebA comparison of the Cost of Living indexes across major Alaska Cities compared to the national average. The calculations are based on the total cost of energy, food, healthcare, housing and transportation, among other factors. Cost of Living by Cities in Alaska. Cost of Living by Major Cities. Click to see the cost of living for these major U.S ... meridian lite trends ceiling fan