Is life cheap in Alaska?

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.

How much does it cost to live comfortably in Alaska?

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

Tighten up your monthly budget if you have your heart set on moving to Alaska. Data gathered by MERIC in the third quarter of 2021 ranked Alaska as the state with the seventh highest cost of living.

Is Alaska cheap or expensive to live in?

The cost of living in Alaska is 28% higher than the national average. Housing is 28% higher than the national average, while utilities are 53% higher.

Do they still pay you to live in Alaska?

The state of Alaska offers most residents a Permanent Fund Dividend (PFD) payment every fall. In 2022, the payment also included an energy relief payment, which brought the total amount to $3,284. The payment for 2021 was a more modest $1,114.

Are groceries expensive in Alaska?

Because it is so remote, Alaska can be an expensive state to live in. According to the website PayScale, the overall cost of living in Anchorage, Alaska is 28 percent higher than the national average. For groceries specifically, Payscale said the cost is 26 percent higher than the average.

The Cheapest Places to Live in Alaska

What is minimum wage in Alaska?

The minimum wage shall be $10.34 per hour effective Jan. 1, 2021, calculated by multiplying all hours worked in the pay period by $10.34.

What jobs are in demand in Alaska?

Can I move to 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 get $1000 for living in Alaska?

Alaska. Alaska's incentive program dates back to 1976, and it's called the Permanent Fund Dividend. How much do you get paid to live in Alaska, though? In the past, citizens have qualified for up to $1,600 for simply living in Alaska, and in 2021 the amount was $1,114.

Is living in Alaska easy?

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.

How much do jobs pay in Alaska?

As of Dec 22, the average annual salary in Alaska is $63,842. Just in case you need a simple salary calculator, that works out to be approximately $30.69 an hour. This is equivalent of $1,227 a week or $5,320 a month. Most salaries in Alaska range between $44,140 (25th percentile) to $82,398 (75th percentile) annually.

Which state has the lowest cost of living?

Mississippi

Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average. The median single family home costs around $140,818.

How do people make money in Alaska?

Is it hard 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.

What jobs pay well in Alaska?

How much does a McDonald's employee make in Alaska?

Average McDonald's Crew Member hourly pay in Alaska is approximately $10.65, which is 16% below the national average. Salary information comes from 19 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

Is it cold all year around in Alaska?

Winter in Alaska may be cold, but the snow-draped scenes and Northern Lights are spectacular. However, if you prefer warmer weather adventures, then visiting Alaska in July will suit you best. It's the hottest month of the year, with a daily average temperature that sits around 67 °F (19.4 °C).

Why is Alaska population so low?

More people are leaving Alaska than are moving to the state, leading to overall population decline. That's the major takeaway from data released earlier this month from the state Department of Labor and Workforce Development. Alaska has seen net migration losses for the last six years.

Is electricity cheap in Alaska?

Alaska does not have cheap utilities. A cost of living study by the Anchorage Economic Development Corporation shows that overall monthly utility costs in Alaska are quite high. In fact, natural gas and electricity bills are 33% higher than the national average in Alaska.

Are utilities expensive in Alaska?

Utilities are an area where Alaska tends to be much more expensive than the rest of the nation, averaging roughly 33% higher than the national average. A large portion of this is the electricity bill.

How much are utilities in Alaska?

In Anchorage, energy bills cost around $251.23 per month.