Visiting local bars in Rankin Inlet is more fun in good weather. These rainfall averages and temperatures can help you determine the best time for bar hopping. The hottest months are usually July and August with an average temp of 47°F, while the coldest months are February and January with an average of -14°F. The snowiest months in Rankin Inlet are December, November, January, and March, with each month seeing an average of 9 inches of snowfall.