Cost of Living in Perryville, AK

With a cost of living index of 77, Perryville, AK is a very affordable place to live. Living here is 23% cheaper than the national average and 14% below the Alaska state average of 90. Perryville is a small community of 95 residents.

Housing costs are the biggest factor in Perryville's cost of living. The median monthly rent is $1,063 (19% below the US median of $1,319), and the median home value sits at $93,300 (69% 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 Perryville is $44,167, which is 41% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Perryville. 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.