Housing costs in Valdez?
A typical home costs
$252,600, which is 25.3% less expensive than the national average of
$338,100 and 24.8% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Valdez costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$1,350.
Can I afford Valdez?
To live comfortably in Valdez (zip 99686), Alaska, a minimum annual income of
$48,240 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Valdez?
The cost of living in 99686 Valdez, AK is surprisingly high. According to BestPlaces's Cost of Living Index, the city has a cost of living index that is about 8% higher than the national average. This is largely due to the fact that goods and services tend to be more expensive due to the remote location. Groceries, utilities, and healthcare are all more expensive compared to other parts of Alaska and the US. It is also important to note that many items need to be shipped in from elsewhere, which can drive costs up even further. Despite this, Valdez remains an attractive destination for those looking for unique natural beauty and outdoor recreational activities.