Housing costs in Point Hope?
A typical home costs
$147,100, which is 56.5% less expensive than the national average of
$338,100 and 56.2% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Point Hope costs
$1,790 per month, which is 25.2% more than the national average of
$1,430 and 24.6% more than the state average of
$1,350.
Can I afford Point Hope?
To live comfortably in Point Hope (zip 99766), Alaska, a minimum annual income of
$28,080 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Point Hope?
The cost of living in Point Hope, AK 99766 is high compared to other parts of the country. Groceries and other basic items tend to be more expensive than average due to their remote location and lack of transportation options. Housing costs are also quite high, as most homes are either owned or leased from the native population in the area. Finally, energy costs can be quite expensive due to the harsh climate and limited resources available in Point Hope. Overall, living expenses are likely to be much greater than what one would expect in more developed areas of Alaska or anywhere else in the US.