Housing costs in Aleknagik?
A typical home costs
$192,300, which is 43.1% less expensive than the national average of
$338,100 and 42.8% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Aleknagik costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 4.7% cheaper than the state average of
$1,350.
Can I afford Aleknagik?
To live comfortably in Aleknagik, Alaska, a minimum annual income of
$36,720 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Aleknagik?
The cost of living in Aleknagik, AK is relatively low compared to many other cities in the United States. The overall cost of living index for Aleknagik is approximately 20% below the national average, making it an attractive place to live for those looking for an affordable lifestyle. Additionally, the median household income in Aleknagik is slightly below the national average at $50,356 versus $57,652 nationally. This means that residents can often stretch their dollars further than they would be able to elsewhere. While there are fewer resources and amenities available than in larger cities, this also helps to keep costs down. Overall, Aleknagik provides a great balance between affordability and quality of life.