Housing costs in Lowell Point?
A typical home costs
$315,300, which is 6.7% less expensive than the national average of
$338,100 and 6.2% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Lowell Point 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 Lowell Point?
To live comfortably in Lowell Point, Alaska, a minimum annual income of
$60,480 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Lowell Point?
The cost of living in Lowell Point, AK is relatively low compared to other areas. With a median home price of around $117,000 and a median household income of $50,600, most people can afford the basic necessities. Food costs are also quite affordable, with a grocery store offering reasonably priced items. Transportation costs are generally very low in this small town since most residents do not need cars to get around. Additionally, the local government provides many public amenities such as parks and libraries free of charge for use by the community. All in all, Lowell Point is an affordable place to live that offers a great quality of life for its residents.