Housing costs in Knik River?
A typical home costs
$253,700, which is 25.0% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Knik River costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 18.4% cheaper than the state average of
$1,350.
Can I afford Knik River?
To live comfortably in Knik River, Alaska, a minimum annual income of
$48,600 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Knik River?
The cost of living in Knik River, AK is relatively low compared to other places in the United States. The area offers a variety of housing options, ranging from small cabins to larger homes. The more rural areas outside of Anchorage also tend to be more affordable. Groceries and other essentials are also comparatively lower than elsewhere. However, due to its remote location, it can be difficult to find certain items and the cost of shipping may increase the overall price. In addition, energy costs can be high due to long winters and extreme temperatures. But overall, Knik River remains a reasonably priced place for those looking for an outdoor lifestyle with access to Anchorage's amenities.