Housing costs in Craig?
A typical home costs
$300,700, which is 11.1% less expensive than the national average of
$338,100 and 10.5% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Craig costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,350.
Can I afford Craig?
To live comfortably in Craig (zip 99921), Alaska, a minimum annual income of
$57,600 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Craig?
The cost of living in Craig, AK is quite high, due to the fact that it is an isolated rural town. The cost of housing in Craig is significantly more expensive than other areas in Alaska, with the median home value being around $265,800 compared to the statewide median of $269,000. Additionally, groceries and other everyday items tend to be more expensive due to the lack of competition from larger stores. The average household spends about $3,300 a month on necessities such as food and transportation. Although the cost of living may seem high, it is still considerably lower than cities such as Anchorage or Fairbanks.