Old Harbor, AK vs Yakutat, AK
There is a significant gap in the cost of living between these two cities. Old Harbor is 22% cheaper than Yakutat. With a cost index of 71 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Old Harbor to Yakutat should plan for substantially higher expenses across most categories.
On the housing front, median rent in Old Harbor is $863/month compared to $1,276/month in Yakutat — a 32% difference. Home values follow the same pattern: Old Harbor is more affordable at $95,000 median vs $185,000.
Median household income in Old Harbor is $31,250 compared to $80,625 in Yakutat (-61.2%). While Yakutat is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Old Harbor spend roughly 33.1% of their income on rent, more than the 19% in Yakutat. The Yakutat ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (42.2°F vs 41.1°F). Yakutat receives more rainfall at 140.4" per year compared to 78.3" in Old Harbor.
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Climate
NOAA 30-year normals (1991-2020)