Housing costs in Juneau?
A typical home costs
$464,400, which is 37.4% more expensive than the national average of
$338,100 and 38.2% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Juneau costs
$1,500 per month, which is 4.9% cheaper than the national average of
$1,430 and 10.0% more than the state average of
$1,350.
Can I afford Juneau?
To live comfortably in Juneau Ala Metro Area, Alaska, a minimum annual income of
$88,920 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Juneau?
The cost of living in Juneau, AK Metro Area is substantially higher than the US average. According to an index by the Council for Community and Economic Research, the cost of living in Juneau is 112.8, which is significantly higher than the US average of 100. This means that basic necessities are more expensive in the Juneau metro area, so it may be difficult for people on a budget to make ends meet. Fortunately, the median value of a home in this region is $464400, which is much more than the US average of $338100, meaning even with higher costs of living there are still opportunities to build wealth through real-estate investment.