Cost of Living in Anchorage

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 15.00 $ 10.00-25.00
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $ 45.00-76.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.50 $ 8.00-10.00
Domestic Beer (1 pint draught) 5.00 $ 4.00-7.00
Imported Beer (12 oz small bottle) 6.25 $ 5.50-7.00
Cappuccino (regular) 4.23 $ 2.49-5.00
Coke/Pepsi (12 oz small bottle) 2.22 $ 1.79-3.00
Water (12 oz small bottle) 2.13 $ 1.50-3.00
Markets [ Edit ]
Milk (regular), (1 gallon) 4.02 $ 3.50-5.00
Loaf of Fresh White Bread (1 lb) 3.12 $ 2.00-4.99
Rice (white), (1 lb) 3.11 $ 1.50-4.00
Eggs (regular) (12) 3.03 $ 2.29-4.00
Local Cheese (1 lb) 6.90 $ 5.79-10.00
Chicken Breasts (Boneless, Skinless), (1 lb) 5.05 $ 2.99-10.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.45 $ 4.00-13.00
Apples (1 lb) 2.91 $ 1.94-4.00
Banana (1 lb) 0.97 $ 0.89-1.00
Oranges (1 lb) 2.67 $ 1.79-5.00
Tomato (1 lb) 2.41 $ 1.00-2.99
Potato (1 lb) 1.11 $ 0.99-1.44
Onion (1 lb) 1.45 $ 0.99-2.00
Lettuce (1 head) 1.96 $ 1.35-2.50
Water (1.5 liter bottle) 2.50 $ 1.19-3.99
Bottle of Wine (Mid-Range) 15.00 $ 14.00-16.49
Domestic Beer (0.5 liter bottle) ?
Imported Beer (12 oz small bottle) 5.00 $ 4.99-5.50
Cigarettes 20 Pack (Marlboro) 10.00 $ 9.40-10.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.00 $ 2.00-2.50
Monthly Pass (Regular Price) 60.00 $ 30.00-60.00
Taxi Start (Normal Tariff) 2.75 $ 2.75-3.50
Taxi 1 mile (Normal Tariff) 2.50 $ 2.50-5.00
Taxi 1hour Waiting (Normal Tariff) 50.00 $ 38.00-58.00
Gasoline (1 gallon) 3.19 $ 2.93-3.50
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $ 19,789.00-30,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 21,235.40 $ 18,000.00-25,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 212.70 $ 153.00-300.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $ 0.10-0.10
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 108.26 $ 67.00-175.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 70.59 $ 35.00-100.00
Tennis Court Rent (1 Hour on Weekend) 25.67 $ 15.00-32.00
Cinema, International Release, 1 Seat 12.00 $ 10.00-14.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 768.75 $ 600.00-900.00
International Primary School, Yearly for 1 Child 18,000.00 $ 8,000.00-18,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 44.07 $ 35.00-50.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.00 $ 30.00-60.00
1 Pair of Nike Running Shoes (Mid-Range) 82.00 $ 45.00-100.00
1 Pair of Men Leather Business Shoes 108.00 $ 80.00-150.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,216.67 $ 900.00-1,600.00
Apartment (1 bedroom) Outside of Centre 970.59 $ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,975.48 $ 1,600.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,719.57 $ 1,500.00-2,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 210.27 $ 165.00-235.50
Price per Square Feet to Buy Apartment Outside of Centre 171.92 $ 160.00-177.30
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,021.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.17 3.50-4.54

Prices in Anchorage, Alaska

These data are based on 902 entries in the past 18 months from 93 different contributors.
Last update: March 2019
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17 Comments so far

#Rosalinda on Jun 22, 2017 :
Hi Lyne,
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.
#Lyne on May 07, 2017 :
moving to Alaska due to change of location of employment. Has always been a dream of mine to live in Alaska but after reading stats on cost of living there, truly sounds like a nightmare. Can someone enlighten me on the true cost of living for a family of three and notable things to do in Anchorage? Thank You!!!
#Cl Jones on Dec 01, 2016 :
RE:Don Luehring

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.
#Don Luehring on Oct 28, 2016 :
I am not of a young age, I am 62 yrs old. But I wished I could live in Alaska to enjoy the outdoor activities.
I am also a disabled veteran, whom lives only on disability. Does anyone know where a place is that I could live comfortably.
#Daniel on Jan 31, 2016 :
In reply to #Sharon. It is likely your husband can find a job in Alaska. If your husband does get a job as an Electrician, he would be among the highest paid in the country. He could easily start out arounf $50,000, and if he had experience, he would be making at least $60,000 and up to $90,000, depending on how long he has experience as and Electrician. However, Alaska has a high cost of living and would definitely be more expensive than Tennessee.
#Daniel on Jan 31, 2016 :
In reply to the CNA's planning to move to Anchorage. Alaska actually pays among the highest for most healthcare workers. If you were to both get a full time job and made the starting salary for Nurses Assistants in ANchorage, you two would make about $56,000 combined. And if you had experience, you could make about $72,000. Alaska does have a higher cost of living than many places, mostly for things like gas and groceries. However, since salaries are high, you two could probably make a good living.
#Sharon on Jan 16, 2016 :
I've always wanted to visit Alaska and possibly live there. Im 4- and my husband is 47 and we have a daughter that's about to turn 17. My question is what's the chances of my husband finding a fairly decent paying job in Anchorage or Fairbanks? He's a journeyman electrician licensed in commercial and residential,highly skilled carpenter,plumber,and pretty much a jack of all trades. We're from Tennessee and I've done some research but I'm not getting the answers I'd like to have. Any input would be greatly appreciated. Thanks in advance
#JW on Dec 18, 2015 :
Laurence, the Aurora Borealis is far better in Fairbanks than in Anchorage. Anchorage often has cloud cover. Sunrise to Sunset in December is about 5.5 hours so it is never totally dark. However in the summer the sun is so close to the horizon that you can take a walk at 1 am without a flashlight. It is a beautiful state to visit.
#Lawrence Spedden on Dec 13, 2015 :
Thinking of visiting Alaska probably a year from now, downhill skiing. From what I have seen on-line, living in Anchorage would be attractive also from what I have found so far. Is there a particular time of year that the Aurora Borealis is visible? And when does the 12 hours of dark/light start and end.
#Anonymous on Oct 10, 2015 :
Hey may be coming on a vacation in the summer really would like to do some fly fishing...Where is the best place?? Can you rent the equipment and maybe a local person to take me...Yes I'm a female who loves the outdoors..Please help if you can..Thanks
#amber on Sep 12, 2015 :
Or no looks like Robert commented on Kim's about it lol sorry not use to this
#amber on Sep 12, 2015 :
Actually looks like Robert and Kim said this so my message is to all that would ask this question
#amber on Sep 12, 2015 :
Plz every one do not tell someone they should leave this earth and also die. Yes he shouldn't have asked the question he asked but do u know how serious it is to tell some one to end there life. A lot of ppl have listened to others tell them to kill them self's. Could u life with ur self knowing u had something to do with some one's death. Just a thought and as for u Ron I'm really not sure why u asked that question but if it is because of disliking different raise then ur self then I will pray for u because every one is the same no matter what they look like or how the dress or even how they talk. We are all ppl
#Robert on Jul 27, 2015 :
#Kim on Jun 14, 2014 :
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.
#Phoenix on Jul 07, 2015 :
99.9 % of Alaskans are very friendly. I have a Filipina for a wife I am white. We were welcome. Now live in Palmer. It's not the color of skin that matters, but what is in a person's heart n mind. Just teat everyone as you would like to be treated.
#black beauty on May 19, 2015 :
Are we talking about cost of living in Alaska or race here.Who is this Ron person? Ron find something better to do.It is only small minded people with no love for the creator who indulge in race war.What a world we would have if only one race exist!
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.
#blah on May 14, 2015 :
Yes in fact I live with some. They are really fun to hang out with.