Cordova, AK vs Gateway, AK
Cordova is moderately more affordable than Gateway, with a 10.3% lower cost of living index. Cordova scores 109 compared to 122 for Gateway, where the US average is 100. This difference means residents of Gateway can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Cordova is $1,359/month compared to $1,612/month in Gateway — a 16% difference. Home values follow the same pattern: Cordova is more affordable at $384,500 median vs $436,200.
Median household income in Cordova is $88,538 compared to $137,150 in Gateway (-35.4%). While Gateway 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, more than the 14.1% in Gateway.
Climate-wise, both cities share similar average temperatures (39.9°F vs 37.1°F). Cordova receives more rainfall at 86.2" per year compared to 12.6" in Gateway.
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Climate
NOAA 30-year normals (1991-2020)