Cordova, AK vs Craig, AK
There is a significant gap in the cost of living between these two cities. Craig is 19.8% cheaper than Cordova. With a cost index of 91 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Craig to Cordova should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cordova is $1,359/month compared to $1,142/month in Craig — a 19% difference. Home values follow the same pattern: Craig is more affordable at $244,400 median vs $384,500.
Median household income in Cordova is $88,538 compared to $67,788 in Craig (+30.6%). While Cordova is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cordova spend roughly 18.4% of their income on rent, less than the 20.2% in Craig.
Climate-wise, Craig is notably warmer with an average of 45.2°F compared to 39.9°F in Cordova. Craig receives more rainfall at 89.2" per year compared to 86.2" in Cordova.
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Climate
NOAA 30-year normals (1991-2020)