Housing costs in Kaktovik?
A typical home costs
$125,300, which is 62.9% less expensive than the national average of
$338,100 and 62.7% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Kaktovik costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 25.4% more than the state average of
$1,350.
Can I afford Kaktovik?
To live comfortably in Kaktovik (zip 99747), Alaska, a minimum annual income of
$24,120 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Kaktovik?
The cost of living in 99747 Kaktovik, AK is very high. Prices for basic necessities such as food and fuel are much higher than the national average. Rent prices are also quite high, with an average 1 bedroom apartment costing around $1,500 per month. Groceries can be expensive as well, due to the fact that most items are imported from outside of the town. However, there are some discounts available for certain goods from local stores. All in all, while living in 99747 Kaktovik may be more costly than many other places within the US, it still remains a beautiful and unique place to live.