Point Hope, AK Cost of Living


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Point Hope cost of living score
113.3
More expensive
13.3% higher
than the US average
2.7% lower
than the Alaska average
Point Hope, Alaska gets a BestPlaces Cost of Living score of 113.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.3% higher than the U.S. average and 2.7% higher than the average for Alaska.

Point Hope, AK

Housing costs in Point Hope?
A typical home costs $145,900, which is 56.8% less expensive than the national average of $338,100 and 56.6% less expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Point Hope costs $1,810 per month, which is 26.6% more than the national average of $1,430 and 25.4% more than the state average of $1,350.

Can I afford Point Hope?
To live comfortably in Point Hope, Alaska, a minimum annual income of $28,080 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Point Hope?
The cost of living in Point Hope, AK is relatively high compared to other parts of the country. The town is small and remote, so housing and other necessities like food and transportation can be more expensive than in larger cities. Despite this, the town remains an attractive destination for many people due to its unique location and natural beauty. In addition, subsistence hunting, fishing, and gathering activities are important sources of food that help to offset the costs of living.
   Cost of living score
     CategoriesPoint HopeAlaskaUnited States
  113.3116.5100.0
  249.4141.7100
  129.6127.3100.0
  43.4100.6100.0
  $145,900$336,100$338,100
  123.5%169.8%100.0%
  72.398.2100.0
  103.7112.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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