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Palmer, AK vs Ridgeway, AK

94
Palmer
Alaska
VS
-7.2%
102
Ridgeway
Alaska

Palmer is moderately more affordable than Ridgeway, with a 7.2% lower cost of living index. Palmer scores 94 compared to 102 for Ridgeway, where the US average is 100. This difference means residents of Ridgeway can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Palmer are $275,900 compared to $305,000 in Ridgeway, a 10% gap.

Median household income in Palmer is $70,550 compared to $95,000 in Ridgeway (-25.7%). While Ridgeway 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 (37.1°F vs 35.6°F). Ridgeway receives more rainfall at 18.3" per year compared to 12.6" in Palmer.

Income & Cost

Cost of Living Index
Palmer
94
7% cheaper
Ridgeway
102
Median Household Income
Palmer
$70,550
Ridgeway
$95,000
26% higher

Housing

Median Rent
Palmer
$1,134
Ridgeway
Median Home Value
Palmer
$275,900
10% cheaper
Ridgeway
$305,000
Population
Palmer
6,141
Ridgeway
2,174

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palmer $3.20
Ridgeway
US $3.07
🥚
Eggs (grade A, large)
Palmer $2.61
Ridgeway
US $2.50
🥛
Milk (whole)
Palmer $4.21
Ridgeway
US $4.03
🍞
Bread (white)
Palmer $1.93
Ridgeway
US $1.85
🍗
Chicken breast
Palmer $4.33
Ridgeway
US $4.14
Electricity
Palmer $0.21
Ridgeway
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palmer 37.1°F
Ridgeway 35.6°F
Summer High
Palmer 68°F
Ridgeway 63°F
Winter Low
Palmer 8°F
Ridgeway 7°F
Rainfall
Palmer 12.6"
Ridgeway 18.3"
Rainy Days
Palmer 98d
Ridgeway 122d