Skagway, AK vs Yakutat, AK
There is a significant gap in the cost of living between these two cities. Yakutat is 19.3% cheaper than Skagway. With a cost index of 91 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Yakutat to Skagway should plan for substantially higher expenses across most categories.
On the housing front, median rent in Skagway is $1,228/month compared to $1,276/month in Yakutat — a 4% difference. Interestingly, home values tell a different story: while Skagway has cheaper rent, Yakutat actually has lower median home values ($185,000 vs $415,900).
Median household income in Skagway is $85,893 compared to $80,625 in Yakutat (+6.5%). Skagway does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Skagway spend roughly 17.2% of their income on rent, less than the 19% in Yakutat.
Climate-wise, both cities share similar average temperatures (42.7°F vs 41.1°F). Yakutat receives more rainfall at 140.4" per year compared to 25.2" in Skagway.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)