Cost of Living in Mekoryuk, AK

With a cost of living index of 63, Mekoryuk, AK is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 27% below the Alaska state average of 90. Mekoryuk is a small community of 290 residents.

Housing costs are the biggest factor in Mekoryuk's cost of living. The median monthly rent is $605 (54% below the US median of $1,319), and the median home value sits at $92,700 (70% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mekoryuk is $28,750, which is 62% lower than the national median of $75,149. Residents spend roughly 25% 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 Mekoryuk. 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.