Why are homes in Alaska so expensive?

The easy answer is that Alaska is big and sparsely populated, access to many places is difficult and it’s far from places where goods are manufactured. Shipping is, therefore, expensive, and it drives up the costs of everything from gasoline to lumber to finished consumer goods. Hence, everything is more expensive.

Is it worth moving to Alaska?

Alaska has some of the best hunting and fishing anywhere in the world. If hunting and fishing are two of your favorite pastimes, you’ve come to the right place. Alaska offers some of the most unique hunting and fishing opportunities in the world. There’s plenty of fishing experiences to be had in Alaska as well.

How much money do you need to live comfortably in Alaska?

Typical Expenses

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 3 Children
Required annual income after taxes $26,962 $88,193
Annual taxes $4,371 $14,297
Required annual income before taxes $31,333 $102,491

How much do you get paid a year for living in Alaska?

Currently, citizens gets up to $2,000 a year just for living there. The state’s Permanent Fund Dividend (PFD) Program provides all of Alaska’s permanent residents (both children and adults) a small portion of the state’s oil wealth annually.

What are the dangers of living in Alaska?

Here Are The 9 Biggest Risks Of Living In Alaska

  • Moose Attack. Al_HikesAZ | Flickr.
  • Bear Charge. Marshmallow | Flickr.
  • Bad Drivers. Craig Cloutier | Flickr.
  • Walking on Ice. LHOON | Flickr.
  • Freezing to Death. Steve Evans | Flickr.
  • Tsunami Zone. Coco et Jo | Flickr.
  • Road Construction. Chris Lasher | Flickr.
  • Bad Cell Service.

What are the cons of living in Alaska?

List of the Cons of Living in Alaska

  • Alaska is a state which deals with numerous earthquakes each year.
  • It can get extremely cold in Alaska, even during the summer months.
  • There is a higher cost of living to consider before moving to the state.
  • Fuel costs are much higher in Alaska.