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Happy Valley, AK vs Point Lay, AK

94
Happy Valley
Alaska
VS
+31.6%
71
Point Lay
Alaska

The cost of living difference between Happy Valley, AK and Point Lay, AK is dramatic. Point Lay is 31.6% cheaper than Happy Valley, a gap that translates to thousands of dollars per year in household expenses. Happy Valley has a cost index of 94 while Point Lay sits at 71, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Happy Valley are $208,600 compared to $117,000 in Point Lay, a 78% gap.

Median household income in Happy Valley is $55,521 compared to $92,000 in Point Lay (-39.7%). Point Lay offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Happy Valley is notably warmer with an average of 40°F compared to 22.7°F in Point Lay. Happy Valley receives more rainfall at 23.9" per year compared to 9.7" in Point Lay.

Income & Cost

Cost of Living Index
Happy Valley
94
Point Lay
71
24% cheaper
Median Household Income
Happy Valley
$55,521
Point Lay
$92,000
40% higher

Housing

Median Rent
Happy Valley
Point Lay
$825
Median Home Value
Happy Valley
$208,600
Point Lay
$117,000
44% cheaper
Population
Happy Valley
773
Point Lay
288

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Happy Valley 40°F
Point Lay 22.7°F
Summer High
Happy Valley 63°F
Point Lay 56°F
Winter Low
Happy Valley 19°F
Point Lay -9°F
Rainfall
Happy Valley 23.9"
Point Lay 9.7"
Rainy Days
Happy Valley 156d
Point Lay 85d