Housing costs in Pedro Bay?
A typical home costs
$176,400, which is 47.8% less expensive than the national average of
$338,100 and 47.5% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Pedro Bay costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 55.2% cheaper than the state average of
$1,350.
Can I afford Pedro Bay?
To live comfortably in Pedro Bay, Alaska, a minimum annual income of
$33,840 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Pedro Bay?
The cost of living in Pedro Bay, AK is relatively high compared to other places in the United States. The median household income is slightly higher than the national average, and housing prices are typically much higher than in other places. The cost of groceries, utilities, transportation, and health care can also be more expensive than in other areas. However, there are plenty of opportunities to save money on everyday expenses due to the abundance of outdoor activities and the fact that many people live off the land or hunt for their food. In short, living in Pedro Bay can be expensive but it is worth it for those who want a unique way of life close to nature.