Housing costs in Gateway?
A typical home costs
$383,700, which is 13.5% more expensive than the national average of
$338,100 and 14.2% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Gateway 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 Gateway?
To live comfortably in Gateway, Alaska, a minimum annual income of
$73,440 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Gateway?
The cost of living in Gateway, AK is relatively low compared to other cities in the state. It is estimated that a two-bedroom apartment in Gateway will cost around $1,100 per month, which is lower than the Alaska state average of $1,400 per month. Additionally, food costs are generally lower than the national average. Residents can find a variety of restaurants and other dining options at affordable prices. Gas prices tend to be slightly higher than the national average; however, this is mitigated by the fact that most errands can be completed within walking distance from any home within Gateway.