Cost of Living in Emmonak, AK

With a cost of living index of 77, Emmonak, AK is a very affordable place to live. Living here is 23% cheaper than the national average and 13% below the Alaska state average of 90. Emmonak is a small community of 945 residents.

Housing costs are the biggest factor in Emmonak's cost of living. The median monthly rent is $1,006 (24% below the US median of $1,319), and the median home value sits at $116,500 (62% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Emmonak is $55,417, which is 26% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 Emmonak. The area sees an average annual temperature of 28°F, with summers averaging 50°F and winters around 8°F. Annual rainfall totals 17.2 inches spread over roughly 131 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.