Housing costs in Shungnak?
A typical home costs
$203,100, which is 39.9% less expensive than the national average of
$338,100 and 39.6% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Shungnak costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 21.1% more than the state average of
$1,350.
Can I afford Shungnak?
To live comfortably in Shungnak, Alaska, a minimum annual income of
$38,880 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Shungnak?
The cost of living in Shungnak, AK is relatively low compared to other parts of the United States. The overall cost of goods and services in the town is about 20 percent lower than the national average. Groceries are especially affordable, with prices on common items being much lower than most places in the country. Housing costs are also very reasonable—in fact, the median home price in Shungnak is around $150,000. Despite its remote location, Shungnak still offers a surprisingly low cost of living without sacrificing quality of life.