Weather will likely play an important role when you plan your trip to Cold Bay, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July with an average temp of 50°F, while the coldest months are March and January with an average of 32°F. The snowiest months in Cold Bay are December, February, March, and January, with each month seeing an average of 27 inches of snowfall.