Cost of Living in Larsen Bay, AK
Population: 108 | Alaska
Larsen Bay is 14% less expensive than the national average.
Cost of Living in Larsen Bay, AK: What You Need to Know
With a cost of living index of 86, Larsen Bay, 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. Larsen Bay is a small community of 108 residents.
The median household income in Larsen Bay is $44,375, which is 41% lower than the national median of $75,149. 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 Larsen Bay. The area sees an average annual temperature of 42.2°F, with summers averaging 55°F and winters around 32°F. Annual rainfall totals 78.3 inches spread over roughly 204 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
- $44,375
- vs US Median ($75,149)
- -41%
Housing
- Median Home Value
- $114,100
- Median Monthly Housing Cost
- $638/mo
Climate in Larsen Bay
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 38 | 39 | 45 | 52 | 57 | 62 | 63 | 57 | 48 | 41 | 37 |
| Avg °F | 31 | 32 | 33 | 39 | 46 | 51 | 56 | 57 | 51 | 42 | 36 | 32 |
| Low °F | 26 | 27 | 28 | 34 | 40 | 46 | 51 | 50 | 44 | 36 | 30 | 27 |
| Rain" | 8.4 | 6.3 | 4.8 | 6.1 | 5.9 | 5.2 | 4.5 | 4.9 | 7.6 | 8.9 | 7.1 | 8.8 |