Housing costs in Galena?
A typical home costs
$145,200, which is 57.1% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Galena costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 42.1% cheaper than the state average of
$1,350.
Can I afford Galena?
To live comfortably in Galena, Alaska, a minimum annual income of
$27,720 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Galena?
Galena, AK is known for its serene landscape and small-town charm, but it is also known for being a more expensive place to live than other parts of the state. The cost of living in Galena is higher than the national average due to its remote location and limited access to goods and services. Housing expenses are especially noticeable, given that many homes are off-grid and require significant investments in solar power or diesel generators. Though food prices can be higher than other areas of Alaska, there are plenty of ways to offset costs through hunting and fishing. Transportation costs can also add up quickly, as most people rely on vehicles to get around due to the lack of public transportation options within city limits.