Housing costs in Central?
A typical home costs
$120,800, which is 64.3% less expensive than the national average of
$338,100 and 64.1% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Central costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 43.6% cheaper than the state average of
$1,350.
Can I afford Central?
To live comfortably in Central, Alaska, a minimum annual income of
$23,040 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Central?
The cost of living in Central, AK is relatively high compared to other parts of the country. The average monthly rent for a one-bedroom apartment is around $1,400, with some locations as high as $2,000 or more. Groceries are also expensive; basic items like milk and eggs can cost up to twice the national average. Utilities can be costly too; electricity rates alone are several times the national average. However, there are some advantages to living in Central—the town is close to natural landmarks and activities such as hunting, fishing, and camping that make for great outdoor recreation opportunities. It’s also fairly isolated from other cities and towns, which allows it to maintain its unique character and charm.