Housing costs in Lake Minchumina?
A typical home costs
$176,300, which is 47.9% less expensive than the national average of
$338,100 and 47.5% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Lake Minchumina costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 40.6% cheaper than the state average of
$1,350.
Can I afford Lake Minchumina?
To live comfortably in Lake Minchumina (zip 99757), Alaska, a minimum annual income of
$33,840 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Lake Minchumina?
The cost of living in Lake Minchumina, AK 99757 is relatively high compared to other parts of the United States. According to the Best Places Cost of Living Index, goods and services in Lake Minchumina are almost 30% higher than the national average. Housing costs make up a large portion of this cost, with an average median home price of around $181,000. Other expenses such as food, healthcare, transportation and utilities also tend to be more expensive than in the rest of the country. Despite these costs, however, many people find that living in Lake Minchumina is ultimately worth it because they get to enjoy its picturesque beauty and tight-knit community atmosphere.