Cost of Living in Anchorage
Summary about cost of living in Anchorage, AK, United States:
- Family of four estimated monthly costs are 4,299.69$ without rent (using our estimator).
- A single person estimated monthly costs are 1,243.67$ without rent.
- Anchorage is 7.63% less expensive than New York (without rent, see our cost of living index).
- Rent in Anchorage is, on average, 62.36% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 69.50 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | |
| Domestic Beer (1 pint draught) | 6.00 $ | |
| Imported Beer (12 oz small bottle) | 7.75 $ | |
| Cappuccino (regular) | 4.56 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.17 $ | |
| Water (12 oz small bottle) | 1.83 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.79 $ | |
| Loaf of Fresh White Bread (1 lb) | 3.65 $ | |
| Rice (white), (1 lb) | 3.35 $ | |
| Eggs (regular) (12) | 3.01 $ | |
| Local Cheese (1 lb) | 6.63 $ | |
| Chicken Fillets (1 lb) | 4.43 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.12 $ | |
| Apples (1 lb) | 3.15 $ | |
| Banana (1 lb) | 0.98 $ | |
| Oranges (1 lb) | 2.97 $ | |
| Tomato (1 lb) | 2.67 $ | |
| Potato (1 lb) | 1.75 $ | |
| Onion (1 lb) | 1.64 $ | |
| Lettuce (1 head) | 2.44 $ | |
| Water (1.5 liter bottle) | 2.34 $ | |
| Bottle of Wine (Mid-Range) | 15.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.17 $ | |
| Imported Beer (12 oz small bottle) | 4.25 $ | |
| Cigarettes 20 Pack (Marlboro) | 10.00 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.00 $ | |
| Monthly Pass (Regular Price) | 60.00 $ | |
| Taxi Start (Normal Tariff) | 2.75 $ | |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 41.50 $ | |
| Gasoline (1 gallon) | 2.88 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,000.00 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,355.50 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 288.94 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.15 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 128.10 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 73.25 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 15.00 $ | |
| Cinema, International Release, 1 Seat | 12.50 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,000.00 $ | |
| International Primary School, Yearly for 1 Child | 7,000.00 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 47.00 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.00 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 78.54 $ | |
| 1 Pair of Men Leather Business Shoes | 91.00 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,140.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 944.12 $ | |
| Apartment (3 bedrooms) in City Centre | 1,848.53 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,675.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 279.21 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 175.83 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,352.37 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.26 |
Prices in Anchorage, Alaska
This city had 508 entries in the past 12 months by 45 different contributors.
Last update: June 2021
Last update: June 2021
Sources and References
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Moving to Anchorage, AK? Explore:
Nearby cities:| Cost of Living in Palmer, Alaska | 43.06 miles |
| Cost of Living in Seward, Alaska | 125.55 miles |
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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.
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.