What You Need to Know Before Relocating to Alaska 

When thinking about relocating to Alaska, it’s hard not to think of the sheer magnitude of what’s in store. It’s a beautiful state filled with a diverse population, fantastic food, and breathtaking landscapes. To make the transition easier on yourself, here are five things to know before moving to Alaska.

5 Things You Need To Know Before Relocating to Alaska

Cost of Living

The cost of living in Alaska can vary significantly from region to region. The average cost of living in Juneau, for example, is much higher than in Fairbanks, which is much higher than in Anchorage.

Living costs in Alaska are high due to the state’s remote location and climate. Because Alaska is so far away from the rest of the US, it can be difficult to access certain goods and services that people have become accustomed to in the lower 48 states. Food costs are 41.7% higher than the national average.

Alaska’s remoteness also means that products may not be available all year round, which drives up prices when demand exceeds supply levels during peak seasons. Overall, Alaska’s cost of living is 25.8% more than the national average.

On the brighter side, Alaska pays you to live here! The state pays its residents a yearly dividend from its oil royalties through the Alaska Permanent Fund. In 2018, each registered resident received about $1,600 for the year. That’s a considerable amount! You can use the money for travel, payment of student loans, or other purposes. You never know when you might need it.

Job Market

You’re in luck if you’re moving to Alaska in the hopes of finding work. There are many job options in Alaska, and many pay well enough to keep up with the high cost of living. The current minimum pay is $10.34 per hour, more significant than the $7.25 per hour national minimum wage.

Shopping and Dining Options

While Alaska is remote, the state isn’t without amenities. Shopping and dining opportunities abound in every metro area of the state! Like Crow’s Nest, several restaurants are a favorite by locals and tourists alike.

 If you’re a cookie lover, you’re sure to find your next favorite in The Cookie Jar Restaurant. Those who love seafood must try Tracy’s, King Crab Shack. If you love pizza, visiting Moose’s Tooth Pub & Pizzeria will never disappoint.

If you love shopping, you’ll never run out of options at Glenn Square. There are also local shops like Polar Bear Gifts and Moosetique if you’re looking for something unique.

Things To Do

Alaska’s wild, untouched, remote, mysterious beauty piques your interest and inspires your sense of adventure. Seeing whales, seals, grizzly bears, and other animals in Alaska’s gorgeous mountains is much easier now than it once was.

Living in Alaska also means you’ll enjoy the magnificent views of the state’s highest peak — Mount McKinley.

Community

Do you know that Alaska has 227 federally recognized tribes in its native community? You can visit the Alaska Native Heritage Center in Anchorage to learn about Alaska’s indigenous people.

The Bottom Line

Alaska is a beautiful state with plenty to offer. Of course, moving to a new state is always a big decision. Don’t make a move until you’re confident you can handle the inevitable lifestyle changes from moving to the Last Frontier. However, if these aspects sound attractive to you and you are ready for a fresh start, Alaska could be an excellent place.

If you’re in the market for a new home in Alaska, look no further than Valley Market. Our team is committed to stellar customer service. We have the experience, resources, and expertise to help you throughout your home buying process.

Give us a call today or visit our contact page, and we’ll get back to you promptly.

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