Cost of Living in Fishhook, AK

Population 5,461 · Alaska · Data vintage 2023

126
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fishhook's economy is tied closely to the extraction industries that dominate much of Alaska. Median household incomes of $101,518 run at or above national figures despite the small population — a direct signal of the wage premium that mining, oil, and gas employers pay. Home values of $362,000 keep the overall cost equation favorable.

Located 40 miles north of Anchorage, Fishhook falls within that metro's commuting orbit. Housing prices track closely with Anchorage's $376,000 median.

Cost Overview

Housing 119
Rent 136

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fishhook

The median home value in Fishhook is $361,900 — 19% above the national median of $305,000. Median rent runs $1,784/month, 36% higher than the national median of $1,314/month. The median household income of $101,518/year is 36% higher than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Alaska charges no state income tax, a meaningful advantage for take-home pay. Overall, Fishhook has a cost of living index of 126 versus the US average of 100, meaning it is 26% more expensive.

🏠 Housing

Median Home Value
$361,900
19% above avg
Median Rent
$1,784/mo
36% above avg
Price-to-Rent Ratio
16.9x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,004
1 BR
$1,129
2 BR
$1,413
3 BR
$1,839
4 BR
$2,224
Owner-occupied 85.3%
Renter-occupied 14.7%

💰 Estimated Monthly Budget

Rent median rent
$1,784
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,398/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.0 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.5%

Commute Mode

Drove alone
78.1%
Carpooled
9.2%
Walked
0.4%
Bicycle
0.1%
Work from home
5.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 1.8%
State rate 0.0%
Avg local rate 1.8%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$101,518
36% above avg
Per Capita Income
$41,599
Unemployment Rate
5.0%
4% above avg
Poverty Rate
8.1%
Labor Force Participation
61.2%

🎓 Education

Bachelor's degree+ 19.2%
Graduate degree 9.1%

👥 Demographics

Median Age 39.8
Male median age 35.1
Female median age 42.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 14 — Good
88.5%
Good air days/yr
102
Max AQI recorded
301
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Fishhook, AK?

Fishhook has a cost index of 126 (100 = national average). It is 26% above the national average.

What is average rent in Fishhook, AK?

The median gross rent in Fishhook is $1,784 per month based on 2023 Census data.

What is the average home price in Fishhook?

The median home value in Fishhook is $361,900 according to 2023 Census ACS data.

What is the median income in Fishhook?

The median household income in Fishhook is $101,518 per year (2023 ACS 5-year estimates).

What is the sales tax in Fishhook, AK?

The combined state and local sales tax rate in Fishhook is 1.8%. Alaska has no state income tax.

Is Fishhook, AK affordable?

Fishhook is above average in cost of living, with an index of 126 — about 26% higher than the national average.

Fishhook at a Glance

Population
5,461
Median Income
$101,518
Home Value
$361,900
Median Rent
$1,784/mo
Unemployment
5.0%
Sales Tax
1.8%
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Explore county-level cost of living data

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