
Housing costs in Cold Bay?
A typical home costs
$167,800, which is 50.4% less expensive than the national average of
$338,100 and 50.1% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Cold Bay costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 8.0% cheaper than the state average of
$1,350.
Can I afford Cold Bay?
To live comfortably in Cold Bay (zip 99571), Alaska, a minimum annual income of
$32,040 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Cold Bay?
Living in Cold Bay, AK can be expensive. The cost of living index in the area is 141.8, which is significantly higher than the national average of 100. This means that basic goods and services are 41.8% more expensive than they would be on average elsewhere in the US. Housing costs are especially high, with a median home value of $317,500 being nearly double the average cost of a home nationwide. Groceries and utilities also tend to be more expensive than other areas of the country due to transportation costs associated with shipping goods into an isolated region like Cold Bay, Alaska.