Cost of Living in Nome Census Area, Alaska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Nome Census Area Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Nome Census Area ranks #2,101 of 3,142 counties for affordability (bottom 33%)
Sourced county brief
Median Gross Rent in Nome Census Area Estimated at $1,394
Median gross rent in the Nome Census Area was estimated at $1,394 per month, which is $146 above the Alaska unweighted county mean of $1,248. The official ACS B25071 gross rent as a percentage of household income (GRAPI) was 22.2%. This official GRAPI value is 0.8 percentage points below the state unweighted county mean of 23.0%. For homeowners, the median selected monthly owner costs were $788, compared to an unweighted state mean of $998. The median home value in the area was $211,200, which is lower than the Alaska unweighted county mean of $283,493. Renter households in the area had a median income of $74,000. These measurements characterize the housing landscape based on the 2020-2024 ACS 5-Year Estimates and are intended for snapshot analysis rather than market forecasting. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Nome Census Area
Affordability Verdict
ACS B25071 estimates median gross rent at 22.2% of renter household income in Nome Census Area, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,394 per month; median selected monthly owner costs are $788. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $55,760 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Alaska unweighted mean of county median rents is $1,248 per month. Nome Census Area's $1,394 median is 11.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Nome Census Area
Rent Burden
21.3%
of gross income
Max Housing (28% Rule)
$1,836
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Nome Census Area
Median home value is $211,200. Estimated monthly cost: $1,686 vs. your max of $1,836.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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