Much like the surrounding areas, it's significantly less expensive compared to the entire country. Compared to the city of Galena however, it's somewhat less expensive.
Home prices
The median home in Shungnak is valued at $96,700. This is roughly $3,150 (3%) higher compared to the surrounding areas.Compared to the country as a whole it is about $120,800 (55%) lower, and it is roughly $23,100 (19%) lower compared to the city of Galena.
Rents
The median monthly rent in Shungnak is $867. Compared to nearby areas this is roughly $117 (15%) higher.It is about $195 (18%) lower in comparison to the nation as a whole, and it is roughly $383 (30%) lower in comparison to the city of Galena.
Nearby places
Kobuk
Kobuk is about 6 miles east from Shungnak. The real estate prices there are a bit more expensive. The median home in Kobuk is valued at $133,300, which is $36,600 (27%) higher than Shungnak. Its rents are somewhat less expensive. The median monthly rent in Kobuk is $775, which is $92 (11%) lower than Shungnak.
Huslia
Huslia is approximately 47 miles southeast from Shungnak. Its housing prices are substantially less expensive. The median home in Huslia costs $53,800, which is $42,900 (79%) lower than Shungnak. Its rents are a little less expensive. The median monthly rent in Huslia is $725, which is $142 (19%) lower than Shungnak.
