Cost of Living in Happy Valley, AK
Population: 773 | Alaska
Happy Valley is 6% less expensive than the national average.
Cost of Living in Happy Valley, AK: What You Need to Know
With a cost of living index of 94, Happy Valley, AK is slightly more affordable than average. Living here is 6% cheaper than the national average and 4% above the Alaska state average of 90. Happy Valley is a small community of 773 residents.
The median household income in Happy Valley is $55,521, which is 26% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Happy Valley. The area sees an average annual temperature of 40°F, with summers averaging 54°F and winters around 27°F. Annual rainfall totals 23.9 inches spread over roughly 156 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $55,521
- vs US Median ($75,149)
- -26%
Housing
- Median Home Value
- $208,600
- Median Monthly Housing Cost
- $634/mo
Climate in Happy Valley
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 37 | 46 | 54 | 59 | 63 | 63 | 57 | 47 | 38 | 34 |
| Avg °F | 25 | 28 | 30 | 39 | 46 | 52 | 56 | 55 | 50 | 40 | 31 | 28 |
| Low °F | 19 | 22 | 23 | 31 | 38 | 45 | 49 | 48 | 42 | 33 | 25 | 21 |
| Rain" | 2.2 | 1.8 | 1.3 | 1.2 | 0.8 | 0.9 | 1.5 | 2.3 | 3.3 | 2.6 | 2.9 | 3.3 |