St. Mary's, AK vs Teller, AK
There is a significant gap in the cost of living between these two cities. Teller is 26.1% cheaper than St. Mary's. With a cost index of 72 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Teller to St. Mary's should plan for substantially higher expenses across most categories.
On the housing front, median rent in St. Mary's is $1,500/month compared to $1,008/month in Teller — a 49% difference. Home values follow the same pattern: Teller is more affordable at $56,700 median vs $103,400.
Median household income in St. Mary's is $45,000 compared to $42,500 in Teller (+5.9%). St. Mary's 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 St. Mary's spend roughly 40% of their income on rent, more than the 28.5% in Teller. The Teller ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, St. Mary's is notably warmer with an average of 31.4°F compared to 28°F in Teller. St. Mary's receives more rainfall at 19.7" per year compared to 17.2" in Teller.
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Climate
NOAA 30-year normals (1991-2020)