Zip 99565 (Chignik Lagoon, AK) Cost of Living


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United States / Alaska / No Metro Area / Lake and Peninsula Borough County / Chignik Lagoon / Chignik Lagoon (zip 99565)
How much do I need to live in Chignik Lagoon, Alaska?
$3,840 / month
for a family, 28.9% less expensive than the national average A total of $46,080 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Chignik Lagoon cost of living score
92.2
Less expensive
7.8% lower
than the US average
20.9% lower
than the Alaska average
Chignik Lagoon (zip 99565), Alaska gets a BestPlaces Cost of Living score of 92.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.8% lower than the U.S. average and 20.9% lower than the average for Alaska.

Zip 99565 (Chignik Lagoon, AK)

Housing costs in Chignik Lagoon?
A typical home costs $240,000, which is 29.0% less expensive than the national average of $338,100 and 28.6% less expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Chignik Lagoon costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 58.8% cheaper than the state average of $1,350.

Can I afford Chignik Lagoon?
To live comfortably in Chignik Lagoon (zip 99565), Alaska, a minimum annual income of $46,080 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Chignik Lagoon?
The cost of living in 99565 Chignik Lagoon, AK is quite high. Living expenses such as groceries, housing, healthcare and utilities tend to be significantly higher than the national average. The most recent data shows that groceries in Chignik Lagoon are 26.3% higher than the US average, while housing costs are 74.5% higher than the US average. Healthcare costs in this area are also notoriously expensive with health insurance premiums costing upwards of 26% more than those in other areas of Alaska. Despite these high costs, many residents choose to live in Chignik Lagoon due to its stunning natural landscape and abundance of recreational activities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChignik LagoonAlaskaUnited States
    Unlock116.5100.0
  149.4  Unlock100.0
    Unlock127.3100.0
  110.0  Unlock100.0
    Unlock$336,100$338,100
  104.0  Unlock100.0
    Unlock98.2100.0
  96.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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