Is it true Alaska has financial incentives...

A

AmadeusM

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..for people to move and live there?
Or, is the cost of living simply much higher than the lower 48?

Thanks.
 
I guess if you consider the Permanent Fund Dividend you could say that, but app. $1,000 a year isn't a helluva lot of real incentive.

Cost of living here ican be quite a bit more than most places, but not too atrocious. higher wages here help compensate for that a bit too. (Last I recall minimum wage here was about $7.50)
 
How does let's say Anchorage compare with Los Angeles or NYC in terms of cost? Housing? Food?

Are certain items cheaper than in the lower 48, or is everything more expensive? Give me some rough idea..

Thanks.
 
Cigarettes are reaching $7 a pack soon and everything is pretty much same way. Expensive to live here, financial income isn't that good and winters suck.

As for the PFD... $900 ain't much incentive to live here through 8 months of winter IMO
 
AmadeusM said:
How does let's say Anchorage compare with Los Angeles or NYC in terms of cost? Housing? Food?

Are certain items cheaper than in the lower 48, or is everything more expensive? Give me some rough idea..

Thanks.
Click to expand...

Igloos are cheaper to construct and easier to maintain in Barrow than say Los Angeles...... :D
 
I dug up some numbers...interesting. :)

If I earn 50,000 in Anchorage I will need:
1) 85, 370 in San Francisco
2) 57,987 in LA
3) 77, 058 in NYC
4) 48, 655 in Chicago
5) 43, 399 in Minneapolis
6) 51, 752 in Portland
7) 57, 946 in Boston
8) 55, 297 in Seattle
9) 45, 599 in Denver
10) 45, 599 in Las Vegas

Now, the median salary in my field is 67, 326 in Anchorage. It is:

1) 65, 929 in San Francisco
2) 63, 080 in LA
3) 65, 371 in NYC
4) 60, 901 in Chicago
5) 58, 498 in Minneapolis
6) 58, 275 in Portland
7) 61, 683 in Boston
8) 59, 448 in Seattle
9) 58, 666 in Denver
10) 59, 560 in Las Vegas
 
Our economy is booming and our cost of living is lower than much of the lower 48.We own in a 2000 sq foot home with a large shop and it is assessed at $190,000. Milk is 3.50 a gallon,cheap bread is 1.25 a loaf and bananas are .89 a pound.
The biggest problem I have with Alaska is the cost of the toys to fully enjoy it.you need a snow machine,a four wheeler and at least three different types of boats.I have lived here for 25 years and could spend another 100 and not explore it all.
In a week I will fly north of the Arctic Circle and go on a float trip hunting for moose and caribou.In a week we will probably not see another boat.
Our winters are not as cold as you would think.it rarely gets gets extremely cold any more.
 
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