Housing costs in Chignik Lake?
A typical home costs
$224,600, which is 33.6% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Chignik Lake costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 60.7% cheaper than the state average of
$1,350.
Can I afford Chignik Lake?
To live comfortably in Chignik Lake (zip 99548), Alaska, a minimum annual income of
$43,200 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Chignik Lake?
The cost of living in 99548 Chignik Lake, AK is relatively high compared to other parts of the state. A typical household in the area would expect to spend about $64,000 per year on essential expenses such as food, rent, and healthcare. This is higher than the national average by nearly 40%. Additionally, groceries tend to be more expensive in Chignik Lake due to its remote location and lack of access to major urban markets. Transportation costs are also usually higher due to the need for air travel in this rural area. However, being located near some of Alaska's most beautiful natural landscapes can make these costs worthwhile for many people.