Cost of Living in Akiachak, AK

With a cost of living index of 86, Akiachak, AK is a very affordable place to live. Living here is 14% cheaper than the national average and 4% below the Alaska state average of 90. Akiachak is a small community of 629 residents.

The median household income in Akiachak is $33,333, which is 56% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Akiachak. The area sees an average annual temperature of 31.4°F, with summers averaging 55°F and winters around 10°F. Annual rainfall totals 19.7 inches spread over roughly 151 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.