Covenant Life, AK Cost of Living


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United States / Alaska / No Metro Area / Haines Borough County / Covenant Life / Zip Codes
How much do I need to live in Covenant Life, Alaska?
$7,200 / month
for a family, 33.3% more expensive than the national average A total of $86,400 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

Covenant Life cost of living score
115.6
More expensive
15.6% higher
than the US average
0.8% lower
than the Alaska average
Covenant Life, Alaska gets a BestPlaces Cost of Living score of 115.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.6% higher than the U.S. average and 0.8% higher than the average for Alaska.

Covenant Life, AK

Housing costs in Covenant Life?
A typical home costs $451,100, which is 33.4% more expensive than the national average of $338,100 and 34.2% more expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Covenant Life costs $1,200 per month, which is 16.1% cheaper than the national average of $1,430 and 12.5% cheaper than the state average of $1,350.

Can I afford Covenant Life?
To live comfortably in Covenant Life, Alaska, a minimum annual income of $86,400 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Covenant Life?
The cost of living in Covenant Life, AK is relatively low compared to other parts of the United States. The median home price is $110,000, and groceries and gas are also significantly cheaper than in other states. The average monthly rent is just shy of $800, making it an affordable option for many families looking for a place to call home. Additionally, property taxes are very low with an annual rate of just 0.7%. All these factors combine to make Covenant Life a great place to live for those looking for a lower cost of living without sacrificing quality or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCovenant LifeAlaskaUnited States
    Unlock116.5100.0
  152.5  Unlock100.0
    Unlock127.3100.0
  120.5  Unlock100.0
    Unlock$336,100$338,100
  143.3  Unlock100.0
    Unlock98.2100.0
  126.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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