Housing costs in Kobuk?
A typical home costs
$121,600, which is 64.0% less expensive than the national average of
$338,100 and 63.8% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Kobuk costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 22.4% more than the state average of
$1,350.
Can I afford Kobuk?
To live comfortably in Kobuk, Alaska, a minimum annual income of
$23,400 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Kobuk?
The cost of living in Kobuk, AK is fairly low compared to other areas in the United States. The median home value is approximately $96,000, which is significantly lower than the national average. The housing market consists mainly of single-family homes and cabins, and there are no expensive luxury homes or high-end apartment complexes. Utility bills tend to be lower as well due to the cold climate. Groceries are also more affordable than in other parts of the country because there isn’t much competition amongst stores for customers, so prices tend to remain steady throughout the year. Additionally, transportation costs are relatively low due to the limited number of roads and lack of public transit options in the area.