Cost of Living in Nuiqsut, AK
Population: 529 | Alaska
Nuiqsut is 14% less expensive than the national average.
Cost of Living in Nuiqsut, AK: What You Need to Know
With a cost of living index of 86, Nuiqsut, AK is a very affordable place to live. Living here is 14% cheaper than the national average and 4% below the Alaska state average of 90. Nuiqsut is a small community of 529 residents.
Housing costs are the biggest factor in Nuiqsut's cost of living. The median monthly rent is $1,271 (4% below the US median of $1,319), and the median home value sits at $131,700 (57% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.
The median household income in Nuiqsut is $62,083, which is 17% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 Nuiqsut. The area sees an average annual temperature of 13.4°F, with summers averaging 45°F and winters around -14°F. Annual rainfall totals 5.7 inches spread over roughly 0 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.
Income
- Median Household Income
- $62,083
- vs US Median ($75,149)
- -17%
Housing
- Median Rent
- $1,271/mo
- Median Home Value
- $131,700
- Median Monthly Housing Cost
- $456/mo
Climate in Nuiqsut
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | -9 | -9 | -7 | 10 | 29 | 50 | 58 | 51 | 40 | 24 | 8 | -4 |
| Avg °F | -16 | -16 | -14 | 2 | 24 | 42 | 50 | 44 | 35 | 19 | 1 | -10 |
| Low °F | -23 | -23 | -21 | -5 | 19 | 35 | 41 | 38 | 30 | 13 | -6 | -17 |
| Rain" | 0.3 | 0.2 | 0.2 | 0.4 | 0.4 | 0.6 | 1.1 | 1.2 | 0.6 | 0.2 | 0.3 | 0.3 |