Goodnews Bay, AK vs Iliamna, AK

Goodnews Bay is moderately more affordable than Iliamna, with a 12.8% lower cost of living index. Goodnews Bay scores 87 compared to 100 for Iliamna, where the US average is 100. This difference means residents of Iliamna can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Goodnews Bay are $125,000 compared to $281,300 in Iliamna, a 56% gap.

Median household income in Goodnews Bay is $29,167 compared to $73,750 in Iliamna (-60.5%). While Iliamna is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Iliamna is notably warmer with an average of 37.7°F compared to 31.4°F in Goodnews Bay. Iliamna receives more rainfall at 25" per year compared to 19.7" in Goodnews Bay.