Cost of Living in St. Paul, AK

With a cost of living index of 75, St. Paul, AK is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 15% below the Alaska state average of 90. St. Paul is a small community of 362 residents.

Housing costs are the biggest factor in St. Paul's cost of living. The median monthly rent is $967 (27% below the US median of $1,319), and the median home value sits at $107,100 (65% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.

The median household income in St. Paul is $98,750, which is 31% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to St. Paul. The area sees an average annual temperature of 35.9°F, with summers averaging 47°F and winters around 27°F. Annual rainfall totals 24.3 inches spread over roughly 202 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.