Haines, AK vs Valdez, AK
There is a significant gap in the cost of living between these two cities. Haines is 15% cheaper than Valdez. With a cost index of 91 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haines to Valdez should plan for substantially higher expenses across most categories.
On the housing front, median rent in Haines is $914/month compared to $1,463/month in Valdez — a 38% difference. Interestingly, home values tell a different story: while Haines has cheaper rent, Valdez actually has lower median home values ($312,400 vs $321,000).
Median household income in Haines is $72,250 compared to $97,067 in Valdez (-25.6%). While Valdez is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Haines spend roughly 15.2% of their income on rent, less than the 18.1% in Valdez.
Climate-wise, both cities share similar average temperatures (41.9°F vs 39.7°F). Valdez receives more rainfall at 67.9" per year compared to 47.4" in Haines.
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Housing
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Climate
NOAA 30-year normals (1991-2020)