How much does it cost to live in Alaska?

Average Cost of Living in Alaska: $48,739 per year

Data gathered by MERIC in the third quarter of 2021 ranked Alaska as the state with the seventh highest cost of living. (Hawaii had the highest cost of living in the whole country.)

Is Alaska expensive to live in?

Unfortunately, Alaska is also known for being one of the most expensive states. As of January 2021, the cost of living in Alaska was 24.09% higher than the national average.

Is life cheap in Alaska?

Alaska is one of the most expensive states to live in. Luckily, we've done the research and identified the cheapest places to live in Alaska. Most of its cities and towns consistently have a cost of living that is more expensive than the national average.

How much does it pay to live in Alaska?

Alaska runs a program called the Alaska Permanent Fund, which, per the state website, allots an equal amount of the state's oil royalties to every resident through an annual dividend. In 2018, that dividend came out to $1,600 per person.

What state will pay you $10000 to move there?

Tulsa, Oklahoma

Like Vermont, the city of Tulsa is looking to inject new life into their state with remote worker incentives. They offer a $10,000 relocation award along with a $1,000 housing stipend.

How Expensive Is It To Live In Alaska?

Can I live in Alaska for free?

While it's a common misconception that you can move there for free, you can get paid to live in Alaska. The Alaska Permanent Fund Dividend (PFD) takes the state's oil wealth and shares an annual portion with all permanent residents (both children and adults).

Can you live in Alaska without a job?

Employment. We do not recommend moving out of state alone, especially to Alaska, without having a job lined up. There are a lot of job opportunities available, but unless you have unlimited funds, having secure employment in place is a must before you make the move to Alaska.

Do you need a car in Alaska?

You can absolutely plan a trip to Alaska without a car! If you are a bit thoughtful about where you go you can make sure to have an amazing car free adventure. In some parts of the state, like Denali and most of Southeast Alaska, you're going to be happier without a car than with one.

Is it easy to get a job in Alaska?

Alaska has adequate numbers of qualified people to fill most jobs. A Caution: Exercise caution when you see books or ads that guarantee "big money jobs" in Alaska. Many simply offer names of companies and require you to find your own job.

Is it hard to live in Alaska?

As beautiful and unspoiled as it is, Alaska is a difficult place to dwell. The climate is harsh and the rigors of daily life can extol a heavy price. For some residents, the stress of Alaskan living boils over into violent encounters.

Is healthcare free in Alaska?

Health care is expensive in Alaska.

During that time, Alaska also had the highest spending for private health insurance per enrollee — $5,958. That figure was 31 percent above the national average, according to the Centers for Medicare and Medicaid Services.

Is California cheaper than Alaska?

California is 4.2% more expensive than Alaska.

What state has the lowest cost of living?

Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi's housing costs are the lowest in the nation.

How much is groceries in Alaska?

This amount varies across the country, however. In Alaska, a family of four can expect to spend an average of $9,419 on food in 2022, the 21st lowest amount among states, according to the EPI's Family Budget Calculator.

Is land in Alaska free?

The federal and state agencies in Alaska do not offer free land. The State of Alaska's Department of Natural Resources however does have a Public Land Sale program and some other organizations in Alaska may occasionally offer land for sale to private citizens.

How do Alaskans make money?

The oil and gas industry is the largest component of Alaska's economy. Nearly 85 percent of the state budget is supplied by oil revenues. The fortunes of Alaska's oil industry, and therefore many sectors of the economy, are dependent upon world oil prices.

How much does a Big Mac cost in Alaska?

The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Anchorage, Alaska is $11. This average is based on 8 price points. It provides a decent estimate, but it is not yet reliable. Latest update: May 08, 2022.

Do you pay property taxes in Alaska?

Alaska is the only state in the United States where a large part of the land mass of the state is not subject to a property tax. Although property tax is the primary method of raising revenues for the majority of the larger municipalities in the state, smaller municipalities favor a sales tax.

What is the average salary in Alaska?

How much does an Average make in Alaska? As of Jun 16, 2022, the average annual pay for the Average jobs category in Alaska is $74,057 a year. Just in case you need a simple salary calculator, that works out to be approximately $35.60 an hour. This is the equivalent of $1,424/week or $6,171/month.

Are cars cheaper in Alaska?

Of all the states, Alaska and Wyoming pay the most for used cars. Alaska and Wyoming have used car prices that are 20% greater than the national average, and 31% more than the state where used cars are most affordable (Indiana).

How much is electricity in Alaska?

Alaska's Electricity Prices and Usage

The Alaska residential electricity rate in 2022 currently averages 22.72 cents per kilowatt hour while the national average price is 13.99 cents. Alaska ranks as the 48th lowest priced state in the United States based on average electric rate.

Does Alaska get cold?

Average temperatures in the interior range from about 45 to 75 °F (7 to 24 °C) in summer and about 20 to −10 °F (−7 to −23 °C) in winter. It is not uncommon, however, for temperatures to reach into the 90s F (about 34 °C) in summer or drop into the −60s F (about −54 °C) in winter.