Housing costs in Larsen Bay?
A typical home costs
$110,700, which is 67.3% less expensive than the national average of
$338,100 and 67.1% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Larsen Bay costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 17.2% more than the state average of
$1,350.
Can I afford Larsen Bay?
To live comfortably in Larsen Bay (zip 99624), Alaska, a minimum annual income of
$21,240 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Larsen Bay?
The cost of living in 99624 Larsen Bay, AK is quite high due to its remote location and limited access to goods and services. While the city has a relatively low unemployment rate, wages tend to be lower than average due to the lack of industries and job opportunities. Housing costs tend to be significantly higher than average, with rental costs ranging from $1,000-2,000 per month for a two-bedroom apartment. Groceries can also be expensive as there are limited options for shopping in Larsen Bay itself. Overall, it can be more costly to live in Larsen Bay than other parts of Alaska or the US as a whole.