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King Cove, AK vs Naknek, AK

73
King Cove
Alaska
VS
-27.3%
101
Naknek
Alaska

There is a significant gap in the cost of living between these two cities. King Cove is 27.3% cheaper than Naknek. With a cost index of 73 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from King Cove to Naknek should plan for substantially higher expenses across most categories.

On the housing front, median rent in King Cove is $909/month compared to $1,361/month in Naknek — a 33% difference. Home values follow the same pattern: King Cove is more affordable at $110,900 median vs $279,700.

Median household income in King Cove is $78,125 compared to $91,875 in Naknek (-15%). The higher salaries in Naknek partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of King Cove spend roughly 14% of their income on rent, less than the 17.8% in Naknek.

Climate-wise, both cities share similar average temperatures (39.3°F vs 36.5°F). King Cove receives more rainfall at 42.7" per year compared to 21.4" in Naknek.

Income & Cost

Cost of Living Index
King Cove
73
27% cheaper
Naknek
101
Median Household Income
King Cove
$78,125
Naknek
$91,875
15% higher

Housing

Median Rent
King Cove
$909
33% cheaper
Naknek
$1,361
Median Home Value
King Cove
$110,900
60% cheaper
Naknek
$279,700
Population
King Cove
1,204
Naknek
458

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
King Cove 39.3°F
Naknek 36.5°F
Summer High
King Cove 56°F
Naknek 65°F
Winter Low
King Cove 24°F
Naknek 10°F
Rainfall
King Cove 42.7"
Naknek 21.4"
Rainy Days
King Cove 250d
Naknek 159d