Housing costs in Cohoe?
A typical home costs
$223,000, which is 34.0% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Cohoe costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 17.4% cheaper than the state average of
$1,350.
Can I afford Cohoe?
To live comfortably in Cohoe, Alaska, a minimum annual income of
$42,840 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Cohoe?
Cohoe, Alaska has a relatively low cost of living compared to other cities in the state. The average cost of housing in Cohoe is just over $300,000, significantly lower than the median home price statewide. Rent is also much less expensive in Cohoe than other Alaskan cities, with an average monthly rent rate of around $1,200. Food and grocery costs are also more affordable than many other places in Alaska, allowing residents to stretch their budgets further. Transportation costs are also generally lower than in other parts of the state due to the city's close proximity to Anchorage. All these factors contribute to Cohoe's relatively low cost of living.