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Kenai, AK vs Nikiski, AK

92
Kenai
Alaska
VS
+0.1%
91
Nikiski
Alaska

Kenai, AK and Nikiski, AK have a very similar cost of living, with only a 0.1% difference in their overall index. Kenai scores 92 while Nikiski scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Kenai is $1,134/month compared to $970/month in Nikiski — a 17% difference. Interestingly, home values tell a different story: while Nikiski has cheaper rent, Kenai actually has lower median home values ($249,400 vs $309,200).

Median household income in Kenai is $74,907 compared to $63,023 in Nikiski (+18.9%). While Kenai is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kenai spend roughly 18.2% of their income on rent, less than the 18.5% in Nikiski.

Climate-wise, both cities share similar average temperatures (35.6°F vs 35.6°F). Nikiski receives more rainfall at 18.3" per year compared to 18.3" in Kenai.

Income & Cost

Cost of Living Index
Kenai
92
Nikiski
91
Median Household Income
Kenai
$74,907
16% higher
Nikiski
$63,023

Housing

Median Rent
Kenai
$1,134
Nikiski
$970
14% cheaper
Median Home Value
Kenai
$249,400
19% cheaper
Nikiski
$309,200
Population
Kenai
7,562
Nikiski
4,656

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Kenai 35.6°F
Nikiski 35.6°F
Summer High
Kenai 63°F
Nikiski 63°F
Winter Low
Kenai 7°F
Nikiski 7°F
Rainfall
Kenai 18.3"
Nikiski 18.3"
Rainy Days
Kenai 122d
Nikiski 122d