Similar to its nearby areas, it is similar compared to the United States as a whole. However compared to the city of Anchorage, it is a lot less expensive.
Home prices
Big Lake's median home value is $207,000. Compared to its nearby areas this is approximately $8,260 (3%) lower.Compared to the US as a whole it is roughly $10,500 (4%) lower, and in comparison to the city of Anchorage is approximately $107,800 (34%) lower.
Rents
Big Lake's median rent is $976 per month. In comparison to nearby areas it is roughly $136 (12%) lower.It is approximately $86 (8%) lower in comparison to the United States as a whole, and in comparison to the city of Anchorage is about $344 (26%) lower.
Nearby places
Houston
Houston is Big Lake's neighbor to the northeast. The housing prices there are somewhat less expensive. Houston's median home price is $163,900, which is $43,100 (26%) lower than Big Lake. Rent there is pretty similar. In Houston the median monthly rent is $971, which is very similar to Big Lake.
Knik-Fairview
Knik-Fairview is Big Lake's neighbor to the east. Real estate prices there are somewhat more expensive. The median home in Knik-Fairview is valued at $243,200, which works out to $36,200 (14%) higher than Big Lake. Rents there are a little more expensive. Knik-Fairview's median monthly rent is $1,387, which comes out to $411 (29%) higher than Big Lake.
Meadow Lakes
Meadow Lakes is Big Lake's neighbor to the northeast. The real estate prices there are a little more expensive. The median home cost in Meadow Lakes is $232,600, which is $25,600 (11%) higher than Big Lake. Rent there is fairly similar. The median rent in Meadow Lakes is $985 per month, which is very similar to Big Lake.
Willow
Willow is Big Lake's neighbor to the northeast. Its housing prices are somewhat less expensive. The price of the median home in Willow is $193,200, which comes out to $13,800 (7%) lower than Big Lake. Its rents are somewhat more expensive. The median rent in Willow is $1,135 a month, which works out to $159 (14%) higher than Big Lake.
Wasilla
Wasilla is approximately 14 miles east from Big Lake. Its housing prices are a little more expensive. The median home in Wasilla costs $243,400, which works out to $36,400 (14%) higher than Big Lake. The rent there is a bit more expensive. The median monthly rent in Wasilla is $1,083, which works out to $107 (9%) higher than Big Lake.
