Kokhanok, AK is a small unincorporated village located in southwest Alaska. It is home to a few local businesses, such as the Kokhanok Trading Post, owned by the local community, that provides general merchandise and services. The cost of living in Kokhanok is quite low compared to other areas of the US. Rent for two bedroom apartments are around $880 compared to $1,430 nationally. Similarly, the grocery cost index in Kokhanok is 140 versus 100 in the US. This makes it an attractive place for those looking for an affordable place to live with access to basic amenities.
Kokhanok has an unemployment rate of 9.4%. The US average is 6.0%.
Kokhanok has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Kokhanok
- The Sales Tax Rate for Kokhanok is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Kokhanok is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kokhanok
- The average income of a Kokhanok resident is $18,906 a year. The US average is $37,638 a year.
- The Median household income of a Kokhanok resident is $29,583 a year. The US average is $69,021 a year.