Housing costs in Galena?
A typical home costs
$160,500, which is 52.5% less expensive than the national average of
$338,100 and 52.2% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Galena costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 43.6% cheaper than the state average of
$1,350.
Can I afford Galena?
To live comfortably in Galena (zip 99741), Alaska, a minimum annual income of
$30,600 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Galena?
Living in 99741 Galena, AK is relatively affordable. The cost of living index is 83.1, which is 17.9 points lower than the United States average of 100.5. There is no state income tax or sales tax in Alaska, but housing expenses are somewhat higher than the national average due to the remote location and harsh climate. Renting a one-bedroom apartment can cost from $800 to $900 per month, while purchasing a median-priced home would cost around $177,000. The expense of goods and services such as groceries are comparable with the rest of the country at an index rate of 95.6 versus 100 for the US as a whole.