Housing costs in Mud Bay?
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 Mud Bay 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 Mud Bay?
To live comfortably in Mud Bay, 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 Mud Bay?
The cost of living in Mud Bay, AK is relatively high compared to other parts of the United States. The average housing costs in Mud Bay are 2.5 times higher than the national average and groceries cost about 30% more than usual. Gas prices are also higher than other areas, making transportation costs expensive. Despite these higher costs, many people still choose to live in Mud Bay because of its unique location and abundance of outdoor activities and natural beauty.