10 Least expensive Places to Live in Alaska

10 Least expensive Places to Live in Alaska

For those who’re searching for a spot to live in Alaska that won’t send your wallet right into a panic, it’s best to try the most cost effective places to live.

Anchored by the bustling seaport of Unalaska and the distant outpost of Glennallen, these locations offer plenty of cheap housing, low-cost grocery stores, and free recreational activities

From the rolling tundra of the far north to the sprawling mountain towns of the inside, there are many reasonably priced locations for outdoor adventurers and quiet living. The choices range from small village-style homes to larger apartment complexes and townhouses. 

The fee of living in these locations is remarkably low in comparison with other Alaskan cities; you will discover ideal housing at incredibly reasonable prices. With incomparable surrounding scenery, you could find it hard to withstand the allure of those spots.

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The Most Inexpensive places to live in Alaska

For those who’re earning around $50,000 per yr and searching for a snug, reasonably priced lifestyle, Alaska’s got some great options.

You’ll trade a couple of city comforts for adventure and wonder, but when that’s your thing, listed below are essentially the most reasonably priced places to live within the Last Frontier.

  1. King Cove
  2. Valdez
  3. Kotlik
  4. Sand Point
  5. Palmer
  6. Kenai
  7. North Pole
  8. Mountain Village
  9. Seward
  10. Emmonak

King Cove

King Cove, situated on the Aleutians East Borough, is an idyllic fishing village that gives a uniquely Alaskan experience. With a population of 845, its small size enables an intimate reference to nature and wildlife.

Stunning views of the beach, mountains, and lagoon offer a improbable setting for outdoor activities, including fishing and bird-watching. 

The town boasts a few of the most cost effective housing in Alaska, with average home prices at $171,300. The low price of living in King Cove means you possibly can stretch your budget further than in other parts of the state. 

Valdez

Valdez is a picturesque port town just south of the Thompson Pass, and it’s surrounded by stunning scenery, including glaciers and snow-capped mountains.

Its small population of three,988 people makes it a super spot for those looking for a peaceful setting away from big-city chaos. 

Not only is Valdez certainly one of the most cost effective places to live in Alaska, but it surely also offers loads of low-cost recreational activities. From mountain biking to kayaking to flightseeing tours, you possibly can keep busy year-round without breaking the bank.

The town has loads of single-family homes for $109,000, allowing you to stretch your budget further. 

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Kotlik

Kotlik is a small fishing village on the banks of the Yukon River. Here, you’ll enjoy stunning views of the fresh water and mountains when you absorb the quiet atmosphere.

Despite the population size of 679, Kotlik offers plenty of how to enjoy nature without spending a fortune. 

Grocery stores, restaurants, and other amenities make it a surprisingly reasonably priced option for Alaskan living.

The common home prices on this region are $111,400, and plenty of offer direct access to nearby snowmobile trails and other recreational activities. 

Sand Point

Sand Point is a energetic fishing town on Alaska’s Aleutian Islands chain. With a population of about 1,000 people, it’s sufficiently small for peace but still boasts loads of amenities like grocery stores and restaurants. 

This charming fishing village offers among the state’s lowest housing costs; median home prices range from $$128,200 and up.

From climbing trails to museums to whale-watching cruises, there’s no shortage of things to do in Sand Point without spending an excessive amount of money. 

Palmer

Palmer is situated in Alaska’s Matanuska-Susitna Valley, home to stunning vistas and rolling hillsides. Its small population of 6,094 people ensures loads of respiration room while offering entertainment options like music festivals and farmer’s markets. 

Palmer residents profit from a few of Alaska’s lowest living costs, $939, the median rent, and single-family homes will be found at similar rates or lower.

The world boasts plenty of out of doors recreation hubs just like the Hatcher Pass State Recreation Area, enabling low-cost fun in summer and winter. 

Kenai

Kenai is certainly one of the Alaska’s safect cities situated on the Kenai Peninsula along Alaska’s southern coast.

It’s home to roughly 8,000 people and provides all of the amenities expected from a serious city, including shopping plazas, restaurants, and movie theaters. 

Nonetheless, its cost of living is surprisingly low compared with other Alaskan towns or cities, particularly for housing prices: two-bedroom apartments will be found for around $70,000, and single-family homes start at roughly $90,000 and up. 

Along with its low prices and convenient location near major lakes and rivers, Kenai also offers loads of opportunities to explore nature without much effort or expense.

Winter sports enthusiasts have their pick of local ski resorts, while summer adventurers can find camping spots along nearby rivers or in nearby national parks or forests with ease. 

North Pole

Positioned on the outskirts of Fairbanks; here, you’ll find loads of reasons to like Alaskan life without spending an excessive amount of money.

North Pole is stuffed with family-friendly outdoor activities like climbing trails, sledding hills, and indoor attractions like ice skating rinks and bowling alleys. 

Accommodation options range from one-bedroom apartments starting at around $60,000 to single-family homes with three bedrooms starting at about $200,000. 

With groceries typically cheaper than Fairbanks’ big box stores on account of lower taxes in North Pole, this lovely city stays a pretty option for families searching for affordability of their Alaskan adventure. 

Mountain Village 

Mountain Village takes its name from its elevation; situated nearly 1,500 feet above sea level in Western Alaska near the Stony River Delta, home to hundreds of migratory birds every year, this village offers some truly stunning views alongside its low-cost living options. 

As with most smaller Alaskan villages, there aren’t any formal shops meaning all of your needs are serviced by local stores offering groceries at reasonably priced prices – making it ideal for anyone searching for a small-town experience with minimal financial outlay required! 

Accommodation options range from modest one-bedroom apartments costing as little as $60-$70k as much as larger single-family homes available at around $175k plus – great options should you’re looking to avoid wasting some money while still having fun with all that life off the beaten track has to supply! 

Seward 

Seward is situated towards the south coast of Alaska in Kenai Fjords National Park – renowned for its incredible marine wildlife plus breathtaking glacier views. This area has something special!

Also, Seward has quite a bit going for accommodation, one-bedroom apartments will be found starting at $90k. At the identical time, single-family homes start at around $175k, an awesome value considering how much there’s to explore here! 

Moreover, Seward offers access to plenty of out of doors activities like skiing trails plus walking & cycling paths set against immense natural beauty. Hence, regardless of how long you stay, you’re sure to not be short on things to do! 

Emmonak 

Last but certainly not least, Emmonak is one other popular destination should you’re searching for low-cost yet beautiful places to live in Alaska!

Positioned near Russian Mission, this small town has around 800 residents who live off the land, fishing for food & living off subsistence lifestyle items! 

This makes Emmonak unique when put next with larger towns & cities throughout Alaska, giving anyone fortunate enough to live here a improbable insight into the authentic Alaskan culture while still with the ability to enjoy some modern comforts akin to public schools & grocery stores! 

Housing-wise, Emmonak typically has two-bedroom apartments & houses available starting at around $50k, an awesome value considering all that you just get in return!

Final Thoughts

Alaska is a various, stunningly beautiful state that gives quite a lot of reasonably priced towns and cities for those searching for a low price of living.

Whether you’re searching for an urban experience or prefer the peacefulness of a fishing village, you will discover an awesome fit in lots of areas, akin to Kenai, Palmer, Seward, Emmonak, King Cove, Kotlik, Mountain Village, and Sand Point.

With such variety and affordability, you possibly can easily stretch your budget to live the great life in Alaska.

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