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Cost of Living in Anchorage
Summary about cost of living in Anchorage:
- Four-person family monthly costs: 4,012.83$ without rent (using our estimator).
- A single person monthly costs: 1,149.04$ without rent.
- Cost of living rank 18th out of 533 cities in the world.
- Anchorage has a cost of living index of 92.30.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 $ | |
| Domestic Beer (1 pint draught) | 4.75 $ | |
| Imported Beer (11.2 oz small bottle) | 6.00 $ | |
| Cappuccino (regular) | 4.12 $ | |
| Coke/Pepsi (11.2 oz small bottle) | 1.96 $ | |
| Water (11.2 oz small bottle) | 1.76 $ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 3.94 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.89 $ | |
| Rice (white), (1 lb) | 3.17 $ | |
| Eggs (regular) (12) | 3.02 $ | |
| Local Cheese (1 lb) | 6.50 $ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 6.96 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.45 $ | |
| Apples (1 lb) | 2.86 $ | |
| Banana (1 lb) | 0.96 $ | |
| Oranges (1 lb) | 2.05 $ | |
| Tomato (1 lb) | 2.00 $ | |
| Potato (1 lb) | 1.05 $ | |
| Onion (1 lb) | 1.33 $ | |
| Lettuce (1 head) | 1.73 $ | |
| Water (1.5 liter bottle) | 2.26 $ | |
| Bottle of Wine (Mid-Range) | 15.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.46 $ | |
| Imported Beer (11.2 oz small bottle) | 5.66 $ | |
| Cigarettes 20 Pack (Marlboro) | 10.00 $ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 2.00 $ | |
| Monthly Pass (Regular Price) | 55.00 $ | |
| Taxi Start (Normal Tariff) | 2.75 $ | |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 48.00 $ | |
| Gasoline (1 gallon) | 2.95 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 22,500.00 $ | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 23,144.00 $ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 240.85 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.10 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 104.29 $ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 63.11 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 25.67 $ | |
| Cinema, International Release, 1 Seat | 12.00 $ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 800.00 $ | |
| International Primary School, Yearly for 1 Child | 18,000.00 $ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 44.00 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 45.25 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.82 $ | |
| 1 Pair of Men Leather Business Shoes | 100.57 $ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,182.35 $ | |
| Apartment (1 bedroom) Outside of Centre | 963.24 $ | |
| Apartment (3 bedrooms) in City Centre | 1,993.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,695.94 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 220.34 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 173.98 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,967.31 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.97 |
Prices in Anchorage, Alaska
These data are based on 799 entries in the past 18 months from 93 different contributors.
Last update: April 2018
Last update: April 2018
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
29 Comments so far
These prices are the average ones, however you can find some cheaper options. First and foremost, get a costco membership- they charge almost the same rate for food as in Washington and Oregon, which is much lower than other stores. I would suggest that you look into buying a house if you can- rent here is high, but the purchase price of homes is actually the same or lower than in most of the urban areas I have lived in. Even if you have to sell it at a loss, the mortgage payment on a 2 or 3 bedroom house is going to be much cheaper than rent on an apartment. Keep in mind that the rental price for most units covers your utilities except electric, phone and internet, so even though rent looks high, for covering your heat, gas, water, sewer, and trash it is actually not that bad. I can rent a 2 bedroom apartment for $900 a month, so the prices here seem to be over-inflated. Electric seems cheap to me, but then again I don't use much electricity. Expect to pay about 25% higher prices than in the lower 48 for eating out here in anchorage. There is a lot of things to do, all the high schools have public indoor swimming pools in them, tons of paved bike paths, wildlife to view, and a lot of outdoor activities.
I am 63 and my husband and I live on the Kenai peninsula in the city of Kenai. Cost of living here is not conducive with disability pay, our mtg. 1073, electric ave $275 per month. Gas for heat Ave.200 per month. Fuel for two vehicles avg $150 per month with minimal driving. Carts varies with low of $100 month or taxi costing avg 20 for a five mile or less drive. Water & Sewer 90 month, Trash pick up 68 dollars per month. Insurances (HO) 989 year, taxes on our home (275,000) $558 yearly with disability discount. Phone & Internet - $110 month Land line. Cell phone varies. Food cost for two average 400 month (wal-mart, IGA, fred Myers, Safeway) dining out average meal for two $35 to 45 dollars not including tip. I you want to live on moose, and slamon if you can catch it # Helps to save, but we cannot stand salmon, nor can we hunt to even try moose.
Car tags for disabled are free for one vehicle, and other vehicle fees are fare. gas fluctuates repair cost for general labor for home repair ranges from 125 per hour and up. once in a while you can find a contractor who will do work for $50 hourly.
As a veteran you can buy a home here for zero down, and get a great rate through Alaska USA federal Credit Union. Ken Scott is a great loan officer who handled my loan papers. I do not know what market you are looking for but our home will be sold soon if possible my husband wants to retire move back down south. we like kenai, we simply miss all of our family.
I am also a disabled veteran, whom lives only on disability. Does anyone know where a place is that I could live comfortably.
Do African Americans live in Alaska please don't not be offended just really want to know
Why would you even care? If you can not stand the sight of a black person or knowing a black person lives in your state, you are a sad excuse for a person. There is no place you will be happy. Your best bet would be to leave this earth.
Kim African Americans do live in Alaska.I am one of many.There are many natives Alaskan in Anchorage.Anchorage is one of the most diverse places you will ever see.Lots of filipinos,Koreans,Russians,and people from all over the world.Very nice place to be.I was surprise to find caucasians in the minority.Many natives do marry whites.I work in health care was surprise to find that combo and the unity of races."Anonymous" there are plenty of opportunities for health care workers.You have the Native hospital(ANMC),Providence hospital and Alaska Regional hospital.You also have nursing homes such as Prestige Nursing and rehabilitation center,providence care and also opportunity in home healthcare.You can even live in Anchorage and work in the valley or do the reverse.A number of people commute from Wasilla to Anchorage-about 45 minutes drive.Or from Eagle River to Anchorage.Houses are cheaper to buy and rent in Wasilla and Eagle river so many people live in these places but work in Anchorage.For all the folks who want to move to Alaska it would be the best decision of your life.Stay away from the "Views"-mountain view,fairview or any community in Anchorage ending with 'view'. These communities are often on the news in connection with shootings or other crime.The rent may be cheaper but there seem to be people of unsound character living in them.(I am not saying that every one living in these communities are bad people,but that like anywhere else,some communities are not safe to live or raise your kids.Alaska in general is a great place to raise your kids and be in touch with nature.
I hope i have shed some light on the city.I am no authority on Alaska and Alaskans ways of life but just giving a birds eye view of what I know,seen and experience.I love all races because we are all one.If you are not so incline do not move to beautiful Alaska.
Also you will find that there is a liquor store around every corner.Alaskans love to drink and get drunk.Alcohol abuse is a serious problem in Anchorage so drive carefully and look out for drunk drivers.Some drive on ice and snow like it is the smooth pavement.I was taken aback at how crazy some people drive.Unlike in the _48 where the streets are treated with salt the streets in Alaska are treated with gravel.So if you have a bad winter snow falls on snow and becomes ice and you will literally be driving on ice and snow at some point.That been said Anchorage does a great job of cleaning the roads especially the high ways.You will find that the high ways and exit are not as formidable as some in the _48.In fact when my friend picked me up from the airport I was taken aback by the simplicity and user friendliness of the roads.(if you are anything like me,you would love this,because I am not the most confident driver and hate frightening high ways and excessive traffic scene).You never drive in and around Anchorage and not tell your self how lucky you are to be in one of the most beautiful places on earth.The mountains and its jagged terrains keeps you in awe every time.I get all excited when the snow clothes them and leave the most beautiful scene you will ever seen.
love to all.
As far as the cheapest apartment rentals for a two bedroom I would try amber ridge at about $985 plus elec/water. Country Lane is about 1,025 plus water only. Park plaza is nicer but its $1,220 plus elec/water all the rest are going around that $1,200/month or more for the two bedroom. Your best bet is too look for a small condo or house to rent but thats going to run $1,500 plus. IF you are looking for a three bedroom, you can try conifer grove at $1,300 plus water/elec, sliver ridge at $1,465 plus water/elec or legacy west at $1,325 plus water/sewer/refuse. Stay away from anything in the mountain view or fairview areas. Try to rent in Southside if you can although it will be a small drive to work in the midtown area.
It sucks but its ok.
You'll hardly see them :)
(Let alone smell!)