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

Indices DifferenceInfo
Consumer Prices in Anchorage, AK are 3.8% higher than in Miami, FL (without rent)
Consumer Prices Including Rent in Anchorage, AK are 17.9% lower than in Miami, FL
Rent Prices in Anchorage, AK are 45.1% lower than in Miami, FL
Restaurant Prices in Anchorage, AK are 18.0% lower than in Miami, FL
Groceries Prices in Anchorage, AK are 9.9% higher than in Miami, FL
Local Purchasing Power in Anchorage, AK is 26.5% 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 $ 19.00 $      -24.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 105.00 $ 75.00 $      -28.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 11.00 $      +10.0 %
Domestic Beer (1 pint draught) 6.00 $ 7.00 $      +16.7 %
Imported Beer (12 oz small bottle) 8.00 $ 8.00 $      0.0 %
Cappuccino (regular) 4.48 $ 4.89 $      +9.2 %
Coke/Pepsi (12 oz small bottle) 2.21 $ 2.75 $      +24.4 %
Water (12 oz small bottle) 1.99 $ 2.38 $      +19.3 %
Markets
Miami, FL Edit Anchorage, AK Edit
Milk (regular), (1 gallon) 4.41 $ 4.26 $      -3.3 %
Loaf of Fresh White Bread (1 lb) 3.24 $ 4.13 $      +27.4 %
Rice (white), (1 lb) 2.16 $ 2.54 $      +17.4 %
Eggs (regular) (12) 4.92 $ 4.09 $      -16.9 %
Local Cheese (1 lb) 5.83 $ 6.05 $      +3.7 %
Chicken Fillets (1 lb) 6.68 $ 5.82 $      -12.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.73 $ 8.35 $      +24.1 %
Apples (1 lb) 2.90 $ 2.57 $      -11.2 %
Banana (1 lb) 0.92 $ 0.95 $      +3.6 %
Oranges (1 lb) 1.96 $ 2.50 $      +27.5 %
Tomato (1 lb) 2.22 $ 3.25 $      +46.6 %
Potato (1 lb) 1.51 $ 1.56 $      +3.9 %
Onion (1 lb) 1.48 $ 1.69 $      +14.4 %
Lettuce (1 head) 2.52 $ 2.64 $      +4.9 %
Water (1.5 liter bottle) 2.12 $ 2.50 $      +17.6 %
Bottle of Wine (Mid-Range) 12.00 $ 15.00 $      +25.0 %
Domestic Beer (0.5 liter bottle) 2.10 $ 2.05 $      -2.6 %
Imported Beer (12 oz small bottle) 2.76 $ 3.50 $      +26.9 %
Cigarettes 20 Pack (Marlboro) 8.75 $ 10.20 $      +16.6 %
Transportation
Miami, FL Edit Anchorage, AK Edit
One-way Ticket (Local Transport) 2.25 $ 2.00 $      -11.1 %
Monthly Pass (Regular Price) 111.00 $ 60.00 $      -45.9 %
Taxi Start (Normal Tariff) 3.50 $ 2.75 $      -21.4 %
Taxi 1 mile (Normal Tariff) 2.25 $ 2.78 $      +23.3 %
Taxi 1hour Waiting (Normal Tariff) 23.99 $ 35.00 $      +45.9 %
Gasoline (1 gallon) 3.49 $ 4.43 $      +26.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $ 28,000.00 $      +12.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,222.22 $ 23,169.00 $      -4.3 %
Utilities (Monthly)
Miami, FL Edit Anchorage, AK Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.87 $ 254.17 $      +58.0 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.17 $ 0.15 $      -12.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.20 $ 120.80 $      +88.2 %
Sports And Leisure
Miami, FL Edit Anchorage, AK Edit
Fitness Club, Monthly Fee for 1 Adult 51.54 $ 74.75 $      +45.0 %
Tennis Court Rent (1 Hour on Weekend) 20.29 $ 15.00 $      -26.1 %
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 937.50 $ 900.00 $      -4.0 %
International Primary School, Yearly for 1 Child 20,771.43 $ 6,000.00 $      -71.1 %
Clothing And Shoes
Miami, FL Edit Anchorage, AK Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.75 $ 47.50 $      -4.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.40 $ 69.00 $      +62.7 %
1 Pair of Nike Running Shoes (Mid-Range) 77.89 $ 78.71 $      +1.0 %
1 Pair of Men Leather Business Shoes 103.75 $ 101.67 $      -2.0 %
Rent Per Month
Miami, FL Edit Anchorage, AK Edit
Apartment (1 bedroom) in City Centre 2,669.49 $ 1,383.33 $      -48.2 %
Apartment (1 bedroom) Outside of Centre 1,950.36 $ 1,199.06 $      -38.5 %
Apartment (3 bedrooms) in City Centre 4,806.96 $ 2,233.33 $      -53.5 %
Apartment (3 bedrooms) Outside of Centre 3,225.00 $ 2,133.33 $      -33.9 %
Buy Apartment Price
Miami, FL Edit Anchorage, AK Edit
Price per Square Feet to Buy Apartment in City Centre 649.15 $ 220.00 $      -66.1 %
Price per Square Feet to Buy Apartment Outside of Centre 276.25 $ 195.50 $      -29.2 %
Salaries And Financing
Miami, FL Edit Anchorage, AK Edit
Average Monthly Net Salary (After Tax) 4,261.10 $ 4,422.92 $      +3.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.35 5.43      +1.5 %
Last update: May 2023May 2023
Contributors in the past 12 months:18255