10 Cheapest Places to reside in Alaska

If you’re in search of someplace to call home in Alaska that won’t deliver your wallet into a panic, you ought to browse the cheapest places to call home.

Anchored by the bustling seaport of Unalaska while the remote outpost of Glennallen, these places provide numerous cheap housing, low priced food markets, and free outdoor recreation. 

From the rolling tundra of this far north towards the sprawling hill towns of this inside, there are many affordable places for outside adventurers and peaceful living. Your options are priced between tiny village-style houses to bigger apartment buildings and townhouses. 

The price of residing in these places is remarkably low when compared with other Alaskan urban centers; you’ll find perfect housing at extremely reasonable costs. With incomparable surrounding scenery, you will probably find it difficult to resist the attraction of those spots.

MORE: 16 benefits and drawbacks Of residing in Alaska today

The most economical places to call home in Alaska

If you are making around $50,000 annually and seeking for an appropriate, affordable Lifestyle, Alaska’s got some good choices.

You’ll trade a couple of town conveniences for adventure and Beauty, however, if that’s your thing, here you will find the most economical places to call home within the last few Frontier.

  • King Cove
  • Valdez
  • Kotlik
  • Sand aim
  • Palmer
  • Kenai
  • North Pole
  • Mountain Village
  • Seward
  • Emmonak
  • King Cove

    King Cove, situated on the Aleutians East Borough, is an idyllic fishing town that provides a uniquely Alaskan experience. With a population of 845, its tiny size allows a romantic experience of nature and wildlife.

    Stunning views of this coastline, hills, and lagoon offer an excellent environment for outside tasks, including fishing and bird-watching. 

    The city boasts a few of the cheapest housing in Alaska, with typical house costs at $171,300. The lower price of residing in King Cove means you’ll extend your financial allowance beyond in the rest of this state. 


    Valdez is a picturesque slot city simply south of this Thompson Pass, and it’s also surrounded by stunning scenery, including glaciers and snow-capped hills.

    Its tiny populace of 3,988 individuals helps it be a perfect spot for those of you looking for a peaceful environment far from big-city chaos. 

    Not just is Valdez among the cheapest places to call home in Alaska, but it addittionally provides numerous low-cost outdoor recreation. From hill cycling to kayaking to flightseeing trips, you’ll keep busy year-round without breaking the financial institution.

    The city has numerous single-family houses for $109,000, letting you extend your financial allowance further. 

    Meanwhile, have a look at our post on what a great deal can you receive money to call home in Alaska.


    Kotlik is a little fishing town on banking institutions of this Yukon River. Right here, you’ll enjoy stunning views of this fresh water and hills as you take in the peaceful environment.

    Despite the people size of 679, Kotlik provides numerous methods to enjoy nature without investing a lot of money. 

    Grocery shops, restaurants, alongside amenities allow it to be a surprisingly affordable choice for Alaskan living.

    The typical house costs in this area are $111,400, and several offer immediate access to nearby snowmobile tracks alongside outdoor recreation. 

    Sand aim

    Sand aim is a lively fishing city on Alaska’s Aleutian isles string. With a population of approximately 1,000 individuals, it is tiny sufficient for comfort but nevertheless boasts numerous amenities like food markets and restaurants. 

    This charming fishing town provides a few of the state’s lowest housing expenses; median house costs are priced between $$128,200 or over.

    From hiking tracks to museums to whale-watching cruises, there’s no shortage of things you can do in Sand aim without investing money. 


    Palmer is found in Alaska’s Matanuska-Susitna Valley, house to stunning vistas and rolling hillsides. Its tiny populace of 6,094 individuals guarantees numerous respiration space and will be offering Entertainment choices like music festivals and farmer’s areas. 

    Palmer residents take advantage of a few of Alaska’s cheapest residing expenses, $939, the median lease, and single-family houses are present at comparable prices or reduced.

    The area boasts numerous outside fun hubs just like the Hatcher Pass State playground, allowing low-cost enjoyable in summer time and cold weather. 


    Kenai is among the Alaska’s safect urban centers situated on the Kenai Peninsula along Alaska’s southern shore.

    It hosts roughly 8,000 individuals and offers all amenities anticipated from an important town, including shopping plazas, restaurants, and cinemas. 

    However, its price of residing is interestingly low weighed against other Alaskan towns or urban centers, especially for housing costs: two-bedroom flats are present for about $70,000, and single-family houses begin at roughly $90,000 or over. 

    In addition to its affordable prices and convenient location near major waterways, Kenai now offers numerous possibilities to explore nature without much work or cost.

    Winter activities enthusiasts have actually their choose of neighborhood ski resorts, while summer time adventurers will get camping spots along nearby streams or in nearby nationwide areas or woodlands easily. 

    North Pole

    Located on borders of Fairbanks; right here, you’ll uncover numerous reasons why you should love Alaskan life without investing money.

    North Pole is full of family-friendly outside pursuits like hiking tracks, sledding hills, and interior destinations like ice skating rinks and bowling alleys. 

    Accommodation choices are priced between one-bedroom flats beginning at around $60,000 to single-family houses with three rooms starting at about $200,000. 

    With food typically cheaper than Fairbanks’ big package shops as a result of reduced fees in North Pole, this lovely town continues to be a stylish choice for families in search of affordability within their Alaskan adventure. 

    Mountain Village 

    Mountain Village got its title from the level; situated almost 1,500 legs above ocean degree in Western Alaska close to the Stony River Delta, house to 1000s of migratory wild birds annually, this town provides some really stunning views alongside its low-cost living choices. 

    As with many smaller Alaskan villages, there are not any formal shops meaning all of your requirements are serviced by neighborhood shops providing food at affordable costs – which makes it perfect for anybody in search of a small-town experience with just minimal economic outlay needed! 

    Accommodation choices are priced between modest one-bedroom flats costing less than $60-$70k around bigger single-family houses offered at around $175k plus – great choices if you’re seeking to reduce your cost while nevertheless enjoying all that life from the beaten track provides! 


    Seward is situated towards the south shore of Alaska in Kenai Fjords nationwide Park – famous for the amazing marine wildlife plus breathtaking glacier views. This area has one thing unique!

    Also, Seward has a great deal opting for accommodation, one-bedroom flats are present beginning at $90k. In addition, single-family houses begin at around $175k, a good value considering simply how much there is certainly to explore right here! 

    Additionally, Seward provides usage of numerous outside pursuits like skiing tracks plus walking & biking paths set against enormous pure beauty. Ergo, regardless of how very long you remain, you’re sure not to ever be brief on things you can do! 


    Last but certainly not minimum, Emmonak is another popular location if you are in search of low priced yet stunning places to call home in Alaska!

    Located near Russian Mission, this tiny city has around 800 residents whom reside from the land, fishing for Food & residing down subsistence life style products! 

    This makes Emmonak unique in comparison to bigger towns & urban centers throughout Alaska, offering anybody luckily enough to call home right here an excellent understanding of the authentic Alaskan tradition while nevertheless to be able to enjoy some contemporary conveniences such as for example general public schools & food markets! 

    Housing-wise, Emmonak typically has two-bedroom flats & homes available beginning at around $50k, a good value considering all that you will get inturn!

    Final Ideas

    Alaska is a diverse, stunningly stunning suggest that provides many different affordable towns and urban centers for those of you in search of an affordable of residing.

    Whether you’re in search of an urban experience or choose the peacefulness of a fishing town, you’ll find a good easily fit into numerous areas, such as for example Kenai, Palmer, Seward, Emmonak, King Cove, Kotlik, hill Village, and Sand aim.

    With such variety and affordability, it is possible to extend your financial allowance to call home the great life in Alaska.

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    Emily Sullivan

    Emily is a distinguished financial expert with over 15 years of experience on Wall Street as a senior market strategist and trader. She earned her business degree in Applied Economics from Cornell University and holds various U.S. and European securities licenses. Apart from her role as a professor, Emily manages a thriving investment and trading firm, sharing her extensive knowledge and expertise to educate the next generation of financial professionals in smart money strategies that she has honed throughout her career.

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