Cost of Living in Anchorage

Summary of cost of living in Anchorage, AK, United States:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 19.00 $ 16.00-26.00
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 $ 60.00-140.00
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $ 10.00-12.00
Domestic Beer (1 pint draught) 7.00 $ 6.00-7.00
Imported Beer (12 oz small bottle) 8.00 $ 7.00-8.00
Cappuccino (regular) 4.89 $ 2.50-8.00
Coke/Pepsi (12 oz small bottle) 2.75 $ 2.50-3.00
Water (12 oz small bottle) 2.38 $ 2.00-3.00
Markets
Edit
Milk (regular), (1 gallon) 4.26 $ 3.79-6.00
Loaf of Fresh White Bread (1 lb) 4.13 $ 2.49-5.00
Rice (white), (1 lb) 2.54 $ 1.25-5.00
Eggs (regular) (12) 4.09 $ 2.29-6.00
Local Cheese (1 lb) 6.05 $ 3.99-10.95
Chicken Fillets (1 lb) 5.82 $ 2.99-16.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.35 $ 5.00-10.61
Apples (1 lb) 2.57 $ 1.50-3.00
Banana (1 lb) 0.95 $ 0.83-1.25
Oranges (1 lb) 2.50 $ 1.48-5.00
Tomato (1 lb) 3.25 $ 1.98-5.00
Potato (1 lb) 1.56 $ 0.60-2.50
Onion (1 lb) 1.69 $ 0.99-2.00
Lettuce (1 head) 2.64 $ 2.29-2.99
Water (1.5 liter bottle) 2.50 $ 2.00-2.99
Bottle of Wine (Mid-Range) 15.00 $ 12.00-18.00
Domestic Beer (0.5 liter bottle) 2.05 $ 1.14-3.57
Imported Beer (12 oz small bottle) 3.50 $
Cigarettes 20 Pack (Marlboro) 10.20 $ 10.20-12.00
Transportation
Edit
One-way Ticket (Local Transport) 2.00 $ 2.00-4.00
Monthly Pass (Regular Price) 60.00 $ 55.00-65.00
Taxi Start (Normal Tariff) 2.75 $ 2.75-6.00
Taxi 1 mile (Normal Tariff) 2.78 $ 2.50-5.00
Taxi 1hour Waiting (Normal Tariff) 35.00 $ 30.00-40.00
Gasoline (1 gallon) 4.43 $ 4.00-5.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 $ 22,000.00-35,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,169.00 $ 20,676.00-30,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 254.17 $ 153.00-425.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 120.80 $ 90.00-179.99
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 74.75 $ 22.99-150.00
Tennis Court Rent (1 Hour on Weekend) 15.00 $
Cinema, International Release, 1 Seat 14.50 $ 11.00-20.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 900.00 $ 875.00-925.00
International Primary School, Yearly for 1 Child 6,000.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 47.50 $ 30.00-60.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 69.00 $
1 Pair of Nike Running Shoes (Mid-Range) 78.71 $ 59.00-90.00
1 Pair of Men Leather Business Shoes 101.67 $ 30.00-125.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,383.33 $ 1,100.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,199.06 $ 1,145.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,233.33 $ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,133.33 $ 1,700.00-2,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 220.00 $
Price per Square Feet to Buy Apartment Outside of Centre 195.50 $ 191.00-200.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,422.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 5.00-7.00

Prices in Anchorage, Alaska

This city had 239 entries in the past 12 months by 55 different contributors.
Last update: May 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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5 Comments so far
Liz on Dec 14, 2021:
The cost of cigarettes on your site says it's $10 a carton I had to look that up and the actual cost is on par with the rest of the world a little higher the cost is actually $88.19 that's a huge difference. Looks like some of the costs were guesses instead of real costs..I could go on and on....Unfortunately I came to see real costs, so I'll check other websites..
Lousianagal on Oct 16, 2021:
Cost of living and housing cost have increased across the board in the US. A home that used to be 150,000.00 a year ago is now $300,000.00. The price of land has increased as well as more & more people seek to move away from the larger cities. It’s unbelievable
Kami on Apr 25, 2021:
I have always wanted to live and enjoy the best part of my life there, my last 50 yrs. Yes, I’m one of “those “ people that watch all the Alaska shows I could. But looking today, the cost has gone up 100-150% in the past 6-8 months, and some of the SAME houses were still for sale but, much more expensive. Can someone PLEASE tell me why? Here in Arkansas the cost went way down 9-12 months ago and now barley starting to going up Due to no supply but, HIGH demand. Mine is worth about $169;00 1250 sg ft. Which is very good for a 25 yr. old on a big corner lot. This is a big college town and they are building for them not families.
I want to come out and get hooked up with a realtor that will show me houses after sending me info on a BUNCH. Areas I’m thinking—Homer—Kachemak Bay-Fritz Creek-(Anchor Point-Nikolaevsk)MAYBE if the same realtor serves those areas.
Any info regarding this would be greatly appreciated. Just send me an e-mail.
Anonymous on Oct 06, 2020:
please alaska is the best state for mr to live...so how can i come there
GAY-RAT on Jan 06, 2020:
Who would even want to live in Alaska, anyways?