Cost of Living in Nikolai, AK
Population: 89 | Alaska
Nikolai is 15% less expensive than the national average.
Cost of Living in Nikolai, AK: What You Need to Know
With a cost of living index of 85, Nikolai, AK is a very affordable place to live. Living here is 15% cheaper than the national average and 5% below the Alaska state average of 90. Nikolai is a small community of 89 residents.
The median household income in Nikolai is $36,250, which is 52% 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 Nikolai. The area sees an average annual temperature of 28.9°F, with summers averaging 58°F and winters around -1°F. Annual rainfall totals 18.1 inches spread over roughly 137 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.
Income
- Median Household Income
- $36,250
- vs US Median ($75,149)
- -52%
Housing
- Median Home Value
- $101,300
- Median Monthly Housing Cost
- $438/mo
Climate in Nikolai
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 3 | 15 | 25 | 43 | 59 | 69 | 70 | 64 | 54 | 35 | 15 | 6 |
| Avg °F | -6 | 5 | 12 | 32 | 48 | 59 | 61 | 56 | 46 | 28 | 8 | -2 |
| Low °F | -14 | -6 | -1 | 22 | 38 | 49 | 52 | 48 | 38 | 22 | 1 | -10 |
| Rain" | 1.2 | 0.9 | 0.7 | 0.7 | 0.9 | 1.7 | 2.5 | 2.9 | 2.5 | 1.5 | 1.4 | 1.2 |