Nikolai, AK Cost of Living


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Nikolai cost of living score
96.3
Less expensive
3.7% lower
than the US average
17.3% lower
than the Alaska average
Nikolai, Alaska gets a BestPlaces Cost of Living score of 96.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.7% lower than the U.S. average and 17.3% lower than the average for Alaska.

Nikolai, AK

Housing costs in Nikolai?
A typical home costs $124,600, which is 63.1% less expensive than the national average of $338,100 and 62.9% less expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Nikolai costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 40.6% cheaper than the state average of $1,350.

Can I afford Nikolai?
To live comfortably in Nikolai, Alaska, a minimum annual income of $23,760 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Nikolai?
Living in Nikolai, AK can definitely be more expensive than some other places in the United States. The median home value in this area is about $150,000, which is at least double the national median. The cost of groceries and other essential items are also higher here than most places. However, the tax rates in Alaska are lower overall than most states, so there is a bit of a financial benefit offsetting some of these extra costs. Additionally, the lower population means that there is little to no traffic or overcrowding issues and plenty of outdoor space for recreation and exploration.
   Cost of living score
     CategoriesNikolaiAlaskaUnited States
  96.3116.5100.0
  144.8141.7100
  129.6127.3100.0
  13.6100.6100.0
  $124,600$336,100$338,100
  216.8%169.8%100.0%
  63.398.2100.0
  93.9112.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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