Housing costs in Arctic Village?
A typical home costs
$109,800, which is 67.5% less expensive than the national average of
$338,100 and 67.3% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Arctic Village costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 40.6% cheaper than the state average of
$1,350.
Can I afford Arctic Village?
To live comfortably in Arctic Village (zip 99722), Alaska, a minimum annual income of
$20,880 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Arctic Village?
The cost of living in 99722 Arctic Village, AK is considerably higher than the national average. This is mainly due to the remote location and the lack of access to goods and services. The nearest major city is Fairbanks, over 300 miles away, meaning that most goods must be shipped in from outside sources, resulting in a greater cost for necessary supplies. Additionally, due to its extreme northern location, heating costs are very high during the long winter season. Despite these difficulties, Arctic Village remains an attractive destination for those wishing to experience the Alaskan wilderness firsthand.