Farmers Loop, AK vs Ketchikan, AK

Farmers Loop is moderately more affordable than Ketchikan, with a 7.9% lower cost of living index. Farmers Loop scores 96 compared to 105 for Ketchikan, where the US average is 100. This difference means residents of Ketchikan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmers Loop is $1,298/month compared to $1,319/month in Ketchikan — a 2% difference. Home values follow the same pattern: Farmers Loop is more affordable at $262,600 median vs $340,300.

Median household income in Farmers Loop is $103,635 compared to $76,835 in Ketchikan (+34.9%). Farmers Loop offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmers Loop spend roughly 15% of their income on rent, less than the 20.6% in Ketchikan.

Climate-wise, Ketchikan is notably warmer with an average of 46°F compared to 31.2°F in Farmers Loop. Ketchikan receives more rainfall at 149.5" per year compared to 15" in Farmers Loop.