Housing costs in Point Lay?
A typical home costs
$135,300, which is 60.0% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Point Lay 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 Lay?
To live comfortably in Point Lay (zip 99759), Alaska, a minimum annual income of
$25,920 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Point Lay?
The cost of living in 99759 Point Lay, AK fluctuates heavily depending on the time of year and the individual’s lifestyle. In general, it is more expensive than living in other parts of Alaska due to its remote location and limited access to services. Groceries, fuel, and other necessities cost more in Point Lay because they need to be shipped in from larger cities. Furthermore, housing costs can be quite expensive considering most residents rent or own their property rather than renting from a local authority. However, with some careful budgeting and planning, it is possible to live comfortably without breaking the bank.