Cost of Living in Ridgeway, AK
Population: 2,174 | Alaska
Ridgeway is 2% more expensive than the national average.
Cost of Living in Ridgeway, AK: What You Need to Know
With a cost of living index of 102, Ridgeway, AK is right around the national average in cost. Living here is 2% more expensive than the national average and 12% above the Alaska state average of 90. Ridgeway is a small community of 2,174 residents.
The median household income in Ridgeway is $95,000, which is 26% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Ridgeway. The area sees an average annual temperature of 35.6°F, with summers averaging 54°F and winters around 18°F. Annual rainfall totals 18.3 inches spread over roughly 122 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
- $95,000
- vs US Median ($75,149)
- +26%
Housing
- Median Home Value
- $305,000
- Median Monthly Housing Cost
- $1,093/mo
Climate in Ridgeway
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 22 | 28 | 33 | 44 | 55 | 60 | 63 | 63 | 56 | 43 | 30 | 25 |
| Avg °F | 15 | 20 | 24 | 36 | 45 | 52 | 56 | 55 | 48 | 36 | 23 | 18 |
| Low °F | 7 | 12 | 14 | 28 | 36 | 44 | 49 | 47 | 40 | 29 | 16 | 11 |
| Rain" | 0.9 | 0.8 | 0.6 | 0.6 | 0.8 | 1.2 | 2.0 | 2.7 | 3.6 | 2.6 | 1.4 | 1.1 |