Cost of Living in Atqasuk, AK

With a cost of living index of 72, Atqasuk, AK is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 18% below the Alaska state average of 90. Atqasuk is a small community of 139 residents.

Housing costs are the biggest factor in Atqasuk's cost of living. The median monthly rent is $807 (39% below the US median of $1,319), and the median home value sits at $137,500 (55% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Atqasuk is $89,875, which is 20% higher than the national median of $75,149. Residents spend roughly 11% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Atqasuk. The area sees an average annual temperature of 13.7°F, with summers averaging 39°F and winters around -10°F. Annual rainfall totals 5.4 inches spread over roughly 98 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.