Housing costs in Hope?
A typical home costs
$245,200, which is 27.5% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Hope costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 14.4% cheaper than the state average of
$1,350.
Can I afford Hope?
To live comfortably in Hope (zip 99605), Alaska, a minimum annual income of
$47,160 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Hope?
The cost of living in 99605 Hope, AK can be quite high. Housing costs are especially high due to the small population and remote location of the town. The median home value is $159,265, which is considerably higher than the national average. Grocery and utility costs can also be on the higher side in comparison with other parts of Alaska or the United States as a whole. Despite these higher costs, there are a number of amenities that residents enjoy, including great outdoor activities and access to some of the most beautiful scenery in Alaska.