Housing costs in St. Michael?
A typical home costs
$212,200, which is 37.2% less expensive than the national average of
$338,100 and 36.9% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in St. Michael costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 6.9% more than the state average of
$1,350.
Can I afford St. Michael?
To live comfortably in St. Michael, Alaska, a minimum annual income of
$40,680 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about St. Michael?
The cost of living in St. Michael, AK is generally lower than the national average. With a population of around 200 people, housing prices are relatively low and goods and services tend to be cheaper as well. The median home value in the area is $122,000 versus the national median of $231,900 demonstrating the significant savings one can make when deciding to live in St. Michael compared to other areas of the country. Additionally, since St. Michael is a smaller town with fewer businesses than larger cities, residents may find that they need to drive or take a ferry to outside towns for certain products or services which can add additional costs.