Cost of Living in Takotna, AK
Population: 67 | Alaska
Takotna is 31% less expensive than the national average.
Cost of Living in Takotna, AK: What You Need to Know
With a cost of living index of 69, Takotna, AK is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 22% below the Alaska state average of 90. Takotna is a small community of 67 residents.
Housing costs are the biggest factor in Takotna's cost of living. The median monthly rent is $697 (47% below the US median of $1,319), and the median home value sits at $131,300 (57% 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 Takotna is $62,875, which is 16% lower than the national median of $75,149. Residents spend roughly 13% 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 Takotna. 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
- $62,875
- vs US Median ($75,149)
- -16%
Housing
- Median Rent
- $697/mo
- Median Home Value
- $131,300
- Median Monthly Housing Cost
- $694/mo
Climate in Takotna
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 |