Seward, AK, has a higher cost of living compared to the nationwide average. The cost of living index in Seward stands at 130%, indicating that expenses are 30% higher than the national average. This increase is particularly noticeable in housing, which stands at 168%, and groceries, which are 30% more expensive. Job seekers should consider these factors when planning their budget.
Seward, Alaska, shows a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Seward stands at 168, indicating that housing costs are 68% higher than the national average. This significant increase suggests that potential residents should budget more for housing, as it is the most expensive category compared to others.
In addition to housing, Seward's grocery index is at 130, which is 30% higher than the national average. This means that grocery expenses are also notably higher. Utilities, transportation, healthcare, and miscellaneous costs also exceed the national average, though not as dramatically. Utilities are 8% higher, transportation is 12% higher, healthcare is 20% higher, and miscellaneous costs are 15% higher. Overall, Seward presents a cost of living that is substantially above the average, particularly in essential areas like housing and groceries.