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Cost of Living in Chignik, AK

Population: 28 | Alaska

86
Cost of Living Index
US Average = 100

Chignik is 14% less expensive than the national average.

100
Housing
38
Home Values
105
Regional Price

Cost of Living in Chignik, AK: What You Need to Know

With a cost of living index of 86, Chignik, 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. Chignik is a small community of 28 residents.

The median household income in Chignik is $94,167, which is 25% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Chignik. The area sees an average annual temperature of 39.9°F, with summers averaging 50°F and winters around 32°F. Annual rainfall totals 48.9 inches spread over roughly 209 days.

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.

Income

Median Household Income
$94,167
vs US Median ($75,149)
+25%

Housing

Median Home Value
$116,700
Median Monthly Housing Cost
$725/mo

Climate in Chignik

NOAA 30-year normals (1991-2020)

39.9°F
Avg Temperature
48.9"
Rainfall / Year
209d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 35 35 35 40 46 52 56 57 53 46 40 37
Avg °F 31 31 31 35 41 47 51 53 49 41 36 33
Low °F 27 28 27 31 36 43 47 48 44 37 33 29
Rain" 4.0 4.4 2.4 2.6 4.0 3.1 2.9 3.9 5.0 5.0 5.1 6.5

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