Cost of Living in Hope, AK

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C-
22%
Overall NAT. AVG.
23%
Groceries NAT. AVG.
32%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Hope Alaska National
Cost of living122122100
Groceries123119100
Health care112110100
Housing132137100
Transportation114113100
Utilities125124100
Lifestyle & Entertainment122117100
Household Items112110100
Education & Childcare116114100
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Cost Of Living Quick Facts

  • The cost of living in Hope is equal to the Alaska average
  • The cost of living in Hope is 22% higher than the national average
  • Hope housing is 32% higher than the national average
  • Alaska general sales tax is 100% lower than the national average
  • Alaska state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Hope

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Compare Hope, AK Cost of Living

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      Price difference in compared to
      Cost of living index
      Groceries index
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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$3,683$307$86$111
      Renters$0$0$0$0

      Alaska Sales Tax

      State General Sales Tax With Max Surtax
      Alaska 0% 7%

      Alaska Income Tax

      State Income Tax (Low) Income Tax (High)
      Alaska 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Sunrise, AK4011818.0%
      Hope, AK8112222.3%

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      Numa, IA817425.7%
      Old Ripley, IL81990.7%
      Emison, IN81973.1%
      Hope, AK8112222.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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