Housing costs in Chignik Lagoon?
A typical home costs
$205,900, which is 39.1% less expensive than the national average of
$338,100 and 38.7% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Chignik Lagoon costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 55.2% cheaper than the state average of
$1,350.
Can I afford Chignik Lagoon?
To live comfortably in Chignik Lagoon, Alaska, a minimum annual income of
$39,600 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Chignik Lagoon?
The cost of living in Chignik Lagoon, AK is relatively low compared to other parts of the country. The cost of housing in particular is very affordable, with the median home value estimated at just over $140,000. Other expenses such as groceries and utilities are also considered comparatively affordable when contrasted with the prices found in more populated areas of the United States. In addition, there are no state taxes in Alaska which can further reduce expenses for those living in Chignik Lagoon. Overall, residents enjoy a comfortable lifestyle while spending significantly less than they would elsewhere.