Cost of Living Comparison Between Miami, FL and Anchorage, AK 

Indices DifferenceInfo
Consumer Prices in Anchorage, AK are 13.3% higher than in Miami, FL (without rent)
Consumer Prices Including Rent in Anchorage, AK are 16.6% lower than in Miami, FL
Rent Prices in Anchorage, AK are 52.2% lower than in Miami, FL
Restaurant Prices in Anchorage, AK are 16.5% lower than in Miami, FL
Groceries Prices in Anchorage, AK are 27.8% higher than in Miami, FL
Local Purchasing Power in Anchorage, AK is 24.5% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Anchorage, AK Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 21.00 $      -16.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 $ 80.50 $      -26.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 11.00 $      -8.3 %
Domestic Beer (1 pint draught) 7.00 $ 7.00 $      0.0 %
Imported Beer (12 oz small bottle) 8.00 $ 7.50 $      -6.3 %
Cappuccino (regular) 4.85 $ 5.12 $      +5.6 %
Coke/Pepsi (12 oz small bottle) 2.76 $ 2.50 $      -9.6 %
Water (12 oz small bottle) 2.21 $ 2.67 $      +20.6 %
Markets
Miami, FL Edit Anchorage, AK Edit
Milk (regular), (1 gallon) 4.38 $ 4.31 $      -1.6 %
Loaf of Fresh White Bread (1 lb) 3.40 $ 3.72 $      +9.4 %
Rice (white), (1 lb) 1.78 $ 2.11 $      +18.7 %
Eggs (regular) (12) 3.79 $ 3.41 $      -10.1 %
Local Cheese (1 lb) 5.97 $ 5.09 $      -14.7 %
Chicken Fillets (1 lb) 4.87 $ 8.97 $      +84.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.30 $ 9.37 $      +48.6 %
Apples (1 lb) 2.63 $ 2.81 $      +6.7 %
Banana (1 lb) 0.85 $ 0.92 $      +8.6 %
Oranges (1 lb) 1.66 $ 3.10 $      +86.8 %
Tomato (1 lb) 2.03 $ 3.35 $      +65.2 %
Potato (1 lb) 1.07 $ 0.73 $      -31.9 %
Onion (1 lb) 1.42 $ 1.39 $      -2.0 %
Lettuce (1 head) 2.51 $ 2.83 $      +12.7 %
Water (1.5 liter bottle) 2.07 $ 2.79 $      +35.0 %
Bottle of Wine (Mid-Range) 12.99 $ 15.99 $      +23.1 %
Domestic Beer (0.5 liter bottle) 2.00 $ 1.73 $      -13.3 %
Imported Beer (12 oz small bottle) 2.37 $ 3.85 $      +62.5 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 10.82 $      +20.3 %
Transportation
Miami, FL Edit Anchorage, AK Edit
One-way Ticket (Local Transport) 2.25 $ 2.00 $      -11.1 %
Monthly Pass (Regular Price) 120.00 $ 60.00 $      -50.0 %
Taxi Start (Normal Tariff) 2.98 $ 2.75 $      -7.6 %
Taxi 1 mile (Normal Tariff) 2.10 $ 2.75 $      +31.0 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 38.00 $      +58.3 %
Gasoline (1 gallon) 3.45 $ 4.21 $      +22.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 33,679.00 $      -3.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $ 27,106.00 $      +8.6 %
Utilities (Monthly)
Miami, FL Edit Anchorage, AK Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $ 348.11 $      +104.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.12 $ 51.17 $      -16.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 59.73 $ 126.40 $      +111.6 %
Sports And Leisure
Miami, FL Edit Anchorage, AK Edit
Fitness Club, Monthly Fee for 1 Adult 81.08 $ 114.75 $      +41.5 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $ 40.00 $      +67.7 %
Cinema, International Release, 1 Seat 15.00 $ 14.50 $      -3.3 %
Childcare
Miami, FL Edit Anchorage, AK Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,147.22 $ 962.50 $      -16.1 %
International Primary School, Yearly for 1 Child 28,333.33 $ 10,350.00 $      -63.5 %
Clothing And Shoes
Miami, FL Edit Anchorage, AK Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $ 52.25 $      +12.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $ 45.00 $      +4.3 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $ 92.30 $      +15.0 %
1 Pair of Men Leather Business Shoes 96.67 $ 76.67 $      -20.7 %
Rent Per Month
Miami, FL Edit Anchorage, AK Edit
Apartment (1 bedroom) in City Centre 2,840.07 $ 1,335.25 $      -53.0 %
Apartment (1 bedroom) Outside of Centre 2,054.86 $ 1,142.90 $      -44.4 %
Apartment (3 bedrooms) in City Centre 5,364.43 $ 2,183.56 $      -59.3 %
Apartment (3 bedrooms) Outside of Centre 3,635.93 $ 1,983.33 $      -45.5 %
Buy Apartment Price
Miami, FL Edit Anchorage, AK Edit
Price per Square Feet to Buy Apartment in City Centre 583.91 $ 249.50 $      -57.3 %
Price per Square Feet to Buy Apartment Outside of Centre 354.00 $ 232.84 $      -34.2 %
Salaries And Financing
Miami, FL Edit Anchorage, AK Edit
Average Monthly Net Salary (After Tax) 4,348.99 $ 4,517.50 $      +3.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.56      -0.3 %
Last update: April 2024March 2024
Contributors in the past 12 months:14732