Housing costs in Alaska?
A typical home costs
$176,500, which is 47.8% less expensive than the national average of
$338,100 and 43.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alaska costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 27.8% more than the state average of
$1,240.
Can I afford Alaska?
To live comfortably in Alaska, Minnesota, 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 Alaska?
Alaska, MN is a great place to live for those who want an affordable cost of living. The median housing cost in the city is much lower than the national average, with a median home value of just $122,000 and a median monthly rent of only $853. The overall cost of living in Alaska, MN is also well below the national average, making it easier to stretch your money and save for larger purchases and investments. Groceries, gas, healthcare costs, and other essential expenses are also much more affordable than they are in most other cities across the country.