Seldovia, AK vs Silver Springs, AK
There is a significant gap in the cost of living between these two cities. Seldovia is 27.5% cheaper than Silver Springs. With a cost index of 72 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Seldovia to Silver Springs should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Seldovia are $195,000 compared to $269,600 in Silver Springs, a 28% gap.
Median household income in Seldovia is $84,750 compared to $130,208 in Silver Springs (-34.9%). While Silver Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Seldovia is notably warmer with an average of 39.5°F compared to 28.2°F in Silver Springs. Seldovia receives more rainfall at 40.4" per year compared to 11.8" in Silver Springs.
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Climate
NOAA 30-year normals (1991-2020)