Seward, AK, shows a higher cost of living index compared to the nationwide average. Specifically, Seward's overall cost of living index is 118, which is 18% higher than the national average of 100. Housing costs in Seward are particularly high, standing at 135, which is 35% above the national figure.
The increase in the cost of living in Seward is not uniform across all categories. While housing and groceries are significantly higher, other areas like utilities and healthcare are relatively closer to the national average. This makes Seward an attractive location for some while challenging for others in terms of overall living expenses.
Seward, Alaska, shows a cost of living index above the nationwide average in several key areas. Housing costs in Seward are 35% higher than the national average, with an index of 135. This indicates that housing prices in Seward are significantly steeper for residents. Groceries in Seward also cost more, at 20% above the national average, with an index of 120. This means that shopping for food in Seward can be more expensive than in many other parts of the country.
Utilities and transportation in Seward are also slightly higher than the national average. The utilities index stands at 110, which is 10% above the nationwide average. For transportation, the index is 115, showing a 15% increase compared to the national average. Despite these higher costs, healthcare in Seward remains competitive with the national average, having an index of 105, which is only 5% higher. Miscellaneous expenses also reflect a 25% increase over the average, with an index of 125. These figures provide a clear picture of where Seward residents might expect to spend more, and where costs align closely with the rest of the nation.
