Cost of Living in Holy Cross, AK

With a cost of living index of 63, Holy Cross, AK is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 27% below the Alaska state average of 90. Holy Cross is a small community of 229 residents.

Housing costs are the biggest factor in Holy Cross's cost of living. The median monthly rent is $733 (44% below the US median of $1,319), and the median home value sits at $55,600 (82% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Holy Cross is $22,917, which is 70% lower than the national median of $75,149. Residents spend roughly 38% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Holy Cross. The area sees an average annual temperature of 31.4°F, with summers averaging 55°F and winters around 10°F. Annual rainfall totals 19.7 inches spread over roughly 151 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.