Cost of Living in Seward, AK
Housing
The housing market plays a significant role in determining the cost of living in Seward, AK.
- Housing Index: 135.4 / 100
- Median Home Price is: $341,000
- Average Rent (2 BR Apartment): $2019 per month
- Average Rent (2 BR House): $2195 per month
Considering a move to Seward, AK? The current housing index reflects a neutral market, which may offer both opportunities and challenges for buyers. With a median home price of 341000, affordability can be a focal point in your decision-making process. It's important to compare this with the average rents in 2BR apartments (2019) and houses (2195) to ascertain the value propositions. Keep in mind that median home prices can fluctuate, and researching community amenities, schools, and market conditions will further enhance your overall decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Seward, AK.
- Electricity Price: $25.4 USD (median by state)
- Natural Gas Price: $12.01 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $288 per month
Living in Seward, AK could entail higher utility costs. Electricity costs sit at $25.4, while natural gas is priced at $12.01 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $288 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Seward is a financially viable option for your relocation.