Kachemak, AK vs Wales, AK
There is a significant gap in the cost of living between these two cities. Wales is 22.7% cheaper than Kachemak. With a cost index of 85 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wales to Kachemak should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Kachemak are $404,300 compared to $96,900 in Wales, a 317% gap.
Median household income in Kachemak is $71,125 compared to $38,125 in Wales (+86.6%). While Kachemak is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Kachemak is notably warmer with an average of 40°F compared to 28°F in Wales. Kachemak receives more rainfall at 23.9" per year compared to 17.2" in Wales.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)