Housing costs in Big Lake?
A typical home costs
$167,100, which is 50.6% less expensive than the national average of
$338,100 and 50.3% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Big Lake costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 27.4% cheaper than the state average of
$1,350.
Can I afford Big Lake?
To live comfortably in Big Lake, Alaska, a minimum annual income of
$32,040 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Big Lake?
The cost of living in Big Lake, AK is lower than the national average. According to Kiplinger, the cost of living index for the area is about 8 percent below the U.S. average. This makes it an attractive and affordable place to live for those looking to escape higher expenses associated with metropolitan areas. Housing costs are especially low; according to Zillow, median home prices in Big Lake are around $241,000 compared to a national median of $236,000. Groceries and transportation costs are also lower than average, while health care related expenses remain close to the national average.