Housing costs in Nome?
A typical home costs
$331,300, which is 2.0% less expensive than the national average of
$338,100 and 1.4% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Nome costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 57.0% cheaper than the state average of
$1,350.
Can I afford Nome?
To live comfortably in Nome (zip 99762), Alaska, a minimum annual income of
$63,360 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Nome?
The cost of living in Nome, Alaska is significantly higher than the national average. Housing costs are particularly expensive, with the median home value coming in at nearly twice the national average. Other costs such as food and transportation are also higher than the national average. Additionally, items such as clothing and entertainment tend to be more costly than in other parts of the US. Despite these higher prices, many find that living in Nome can be financially rewarding due to its lower taxes and potential for employment in various industries.