| Index | Arctic Bay | Nunavut | National |
| Cost of living | 101 | 114 | 100 |
| Goods & Services | 102 | 102 | 100 |
| Groceries | 175 | 175 | 100 |
| Health care | 103 | 103 | 100 |
| Housing | 27 | 72 | 100 |
| Transportation | 103 | 103 | 100 |
| Utilities | 220 | 220 | 100 |
| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| State | General Sales Tax | With Max Surtax |
| Nunavut | 0% | 5% |
| State | Income Tax (Low) | Income Tax (High) |
| Nunavut | 4% | 11.5% |
| Item | Arctic Bay | National avg. | Difference |
| Personal Care | $100.00 | $95.07 | 5.2% |
| Recreation | $102.00 | $101.73 | 0.3% |
| Item | Arctic Bay | National avg. | Difference |
| Meat, Poultry and Fish | $130.00 | $102.47 | 26.9% |
| Dairy Products and Eggs | $155.00 | $106.00 | 46.2% |
| Bakery and Cereal Products | $216.00 | $111.87 | 93.1% |
| Fruit and Vegetables | $209.00 | $112.87 | 85.2% |
| Alcoholic Beverages | $126.00 | $106.80 | 18.0% |
| Item | Arctic Bay | National avg. | Difference |
| Doctor | $105.00 | $101.07 | 3.9% |
| Item | Arctic Bay | National avg. | Difference |
| Home Price ($) | $n/a | $659,395.00 | 100.0% |
| Apartment Rent ($) | $n/a | $2,146.00 | 100.0% |
| Item | Arctic Bay | National avg. | Difference |
| Gasoline | $116.00 | $102.53 | 13.1% |
| Item | Arctic Bay | National avg. | Difference |
| All Electricity | $105.00 | $98.80 | 6.3% |
| City | Population | Cost of Living Index | National Avg. |
| Arctic Bay, NU | 941 | 101 | 1.1% |
| City | Population | Cost of Living Index | National Avg. |
| Seville, FL | 941 | n/a | |
| Flat Lick, KY | 941 | n/a | |
| Highfield-Cascade, MD | 941 | n/a | |
| Bridger, MT | 941 | n/a | |
| Genoa, NE | 941 | n/a | |
| Arctic Bay, NU | 941 | 101 | 1.1% |