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Minto, AK vs Silver Springs, AK

66
Minto
Alaska
VS
-33.3%
99
Silver Springs
Alaska

The cost of living difference between Minto, AK and Silver Springs, AK is dramatic. Minto is 33.3% cheaper than Silver Springs, a gap that translates to thousands of dollars per year in household expenses. Minto has a cost index of 66 while Silver Springs sits at 99, 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 Minto are $32,600 compared to $269,600 in Silver Springs, a 88% gap.

Median household income in Minto is $62,917 compared to $130,208 in Silver Springs (-51.7%). While Silver Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (30.1°F vs 28.2°F). Minto receives more rainfall at 12.4" per year compared to 11.8" in Silver Springs.

Income & Cost

Cost of Living Index
Minto
66
33% cheaper
Silver Springs
99
Median Household Income
Minto
$62,917
Silver Springs
$130,208
52% higher

Housing

Median Rent
Minto
$875
Silver Springs
Median Home Value
Minto
$32,600
88% cheaper
Silver Springs
$269,600
Population
Minto
190
Silver Springs
66

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Minto 30.1°F
Silver Springs 28.2°F
Summer High
Minto 73°F
Silver Springs 69°F
Winter Low
Minto -12°F
Silver Springs -12°F
Rainfall
Minto 12.4"
Silver Springs 11.8"
Rainy Days
Minto 94d
Silver Springs 101d