Cost of Living in Utqiaġvik, AK
Population: 4,850 | Alaska
Utqiaġvik is 4% less expensive than the national average.
Cost of Living in Utqiaġvik, AK: What You Need to Know
With a cost of living index of 96, Utqiaġvik, AK is slightly more affordable than average. Living here is 4% cheaper than the national average and 6% above the Alaska state average of 90. Utqiaġvik is a small community of 4,850 residents.
Housing costs are the biggest factor in Utqiaġvik's cost of living. The median monthly rent is $1,190 (10% below the US median of $1,319), and the median home value sits at $282,400 (7% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.
The median household income in Utqiaġvik is $89,038, which is 18% higher than the national median of $75,149. Residents spend roughly 16% 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 Utqiaġvik. 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.
Income
- Median Household Income
- $89,038
- vs US Median ($75,149)
- +18%
Housing
- Median Rent
- $1,190/mo
- Median Home Value
- $282,400
- Median Monthly Housing Cost
- $1,078/mo
Climate in Utqiaġvik
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | -5 | -6 | -4 | 11 | 27 | 41 | 48 | 45 | 37 | 26 | 12 | -0 |
| Avg °F | -12 | -12 | -11 | 4 | 23 | 36 | 42 | 40 | 34 | 21 | 6 | -6 |
| Low °F | -18 | -18 | -17 | -3 | 19 | 31 | 36 | 35 | 30 | 17 | -0 | -12 |
| Rain" | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 1.0 | 1.1 | 0.8 | 0.5 | 0.4 | 0.2 |