Cost Of Living in Nome, AK

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D

25%

Overall NAT. AVG.

18%

Groceries NAT. AVG.

52%

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	Nome	Alaska	National
Cost of living	125	122	100
Groceries	118	119	100
Health care	108	110	100
Housing	152	137	100
Transportation	112	113	100
Utilities	123	124	100
Lifestyle & Entertainment	115	117	100
Household Items	108	110	100
Education & Childcare	114	114	100

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Homes For Sale In Nome, AK

L2B1 Nome-Teller Hwy

Nome, AK

901 E 4th Ave

Nome, AK

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Cost Of Living Quick Facts

The cost of living in Nome is 3% higher than the Alaska average
The cost of living in Nome is 25% higher than the national average
Nome housing is 52% 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$191,818	$15,985	$4,475	$5,755
Renters	$108,974	$9,081	$2,543	$3,270

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Nome, AK, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Nome, homeowners have a median income of $191,818. Using that number, a maximum of $4,475 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $108,974, which means there is a maximum of $2,543 to be spent on the costs of renting a home or apartment.

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.
Nome, AK	4,017	125	25.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Eastwood, LA	4,017	102	2.2%
Bonanza, GA	4,016	97	2.7%
Dupo, IL	4,016	85	15.2%
Red Oaks Mill, NY	4,018	124	24.4%
Kutztown University, PA	4,018	101	1.2%
Nome, AK	4,017	125	25.5%