Housing costs in Chignik?
A typical home costs
$273,800, which is 19.0% less expensive than the national average of
$338,100 and 18.5% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Chignik costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 58.8% cheaper than the state average of
$1,350.
Can I afford Chignik?
To live comfortably in Chignik, Alaska, a minimum annual income of
$52,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Chignik?
The cost of living in Chignik, AK is relatively low compared to other parts of the country. The overall cost of living index for the area is 87.3, which is significantly lower than the national average of 100. Housing costs make up the largest portion of that number, with an average rental rate of $743 per month for a one-bedroom apartment and an average price for a three-bedroom house at $76,000. Other costs in town are also reasonable, including groceries and utilities. Additionally, taxes are comparatively low in Alaska on both local and state levels, making Chignik a great place to live if you’re looking for an affordable lifestyle.