Meadow Lakes, AK vs Nome, AK

Meadow Lakes is moderately more affordable than Nome, with a 8.9% lower cost of living index. Meadow Lakes scores 102 compared to 112 for Nome, where the US average is 100. This difference means residents of Nome can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Meadow Lakes is $1,308/month compared to $1,567/month in Nome — a 17% difference. Home values follow the same pattern: Meadow Lakes is more affordable at $305,100 median vs $338,900.

Median household income in Meadow Lakes is $81,250 compared to $113,561 in Nome (-28.5%). While Nome is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Meadow Lakes spend roughly 19.3% of their income on rent, more than the 16.6% in Nome.

Climate-wise, Meadow Lakes is notably warmer with an average of 37.1°F compared to 28°F in Nome. Nome receives more rainfall at 17.2" per year compared to 12.6" in Meadow Lakes.