Housing costs in Chignik Lake?
A typical home costs
$197,000, which is 41.7% less expensive than the national average of
$338,100 and 41.4% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Chignik Lake costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 53.4% cheaper than the state average of
$1,350.
Can I afford Chignik Lake?
To live comfortably in Chignik Lake, Alaska, a minimum annual income of
$37,800 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Chignik Lake?
The cost of living in Chignik Lake, AK is higher than the national average. This is largely because most of the goods and services needed to sustain life come from outside the community. Prices of food, fuel, and other basic necessities are much higher here than in other parts of the country. In addition, housing costs are also expensive due to limited availability and seasonal fluctuations. Despite this, the cost of living remains well below that of major cities and towns in Alaska. The high quality of life and strong sense of community make Chignik Lake an attractive place to call home for many Alaskans.