Housing costs in Ruby?
A typical home costs
$148,100, which is 56.2% less expensive than the national average of
$338,100 and 55.9% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Ruby costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 37.8% cheaper than the state average of
$1,350.
Can I afford Ruby?
To live comfortably in Ruby, Alaska, a minimum annual income of
$28,440 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Ruby?
Living in Ruby, AK comes with a high cost of living. The average home price is over $100,000 and the average rental cost for a two-bedroom apartment is almost $2,000 per month. Additionally, groceries and other necessities can be more expensive because much of what you need must be shipped in from outside the town. With all these costs combined, it can be difficult to make ends meet in Ruby if you do not have a steady source of income. However, the community atmosphere and beautiful views make it all worth it for many residents who choose to stay here.