Cost of Living in Anchorage

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 14.00 $ 11.00-23.00
Meal for 2 People, Mid-range Restaurant, Three-course 66.00 $ 50.00-100.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.80 $ 8.00-11.00
Domestic Beer (1 pint draught) 6.00 $ 3.00-10.00
Imported Beer (12 oz small bottle) 7.25 $ 5.50-10.00
Cappuccino (regular) 4.36 $ 3.00-6.00
Coke/Pepsi (12 oz small bottle) 2.09 $ 2.00-2.69
Water (12 oz small bottle) 1.65 $ 1.50-2.69
Markets
Edit
Milk (regular), (1 gallon) 3.94 $ 2.89-5.00
Loaf of Fresh White Bread (1 lb) 3.41 $ 2.00-5.50
Rice (white), (1 lb) 3.21 $ 1.25-5.00
Eggs (regular) (12) 2.92 $ 2.00-3.79
Local Cheese (1 lb) 7.50 $ 3.79-12.00
Chicken Fillets (1 lb) 3.96 $ 2.69-5.49
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.86 $ 3.99-9.89
Apples (1 lb) 3.14 $ 1.79-3.99
Banana (1 lb) 0.95 $ 0.87-2.55
Oranges (1 lb) 2.45 $ 0.91-5.00
Tomato (1 lb) 2.52 $ 0.91-2.99
Potato (1 lb) 1.58 $ 0.45-2.50
Onion (1 lb) 1.63 $ 0.99-2.00
Lettuce (1 head) 2.40 $ 1.99-3.00
Water (1.5 liter bottle) 2.48 $ 2.00-3.00
Bottle of Wine (Mid-Range) 15.00 $ 12.00-20.00
Domestic Beer (0.5 liter bottle) 2.41 $ 1.14-3.07
Imported Beer (12 oz small bottle) 4.12 $ 2.00-5.00
Cigarettes 20 Pack (Marlboro) 10.00 $ 9.50-15.00
Transportation
Edit
One-way Ticket (Local Transport) 2.00 $ 2.00-3.00
Monthly Pass (Regular Price) 60.00 $ 60.00-65.00
Taxi Start (Normal Tariff) 2.75 $ 2.75-3.00
Taxi 1 mile (Normal Tariff) 2.50 $ 2.50-4.00
Taxi 1hour Waiting (Normal Tariff) 45.00 $ 38.00-50.00
Gasoline (1 gallon) 2.69 $ 2.23-3.23
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 $ 25,600.00-32,500.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,226.60 $ 20,000.00-25,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 296.45 $ 231.82-400.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 124.00 $ 89.99-175.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 72.23 $ 27.00-110.00
Tennis Court Rent (1 Hour on Weekend) 15.00 $
Cinema, International Release, 1 Seat 14.00 $ 12.00-16.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,040.00 $ 900.00-1,500.00
International Primary School, Yearly for 1 Child 8,000.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.33 $ 30.00-65.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.62 $ 25.00-42.00
1 Pair of Nike Running Shoes (Mid-Range) 76.71 $ 59.00-85.00
1 Pair of Men Leather Business Shoes 95.42 $ 55.00-225.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,156.67 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 930.88 $ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,879.17 $ 1,600.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,692.11 $ 1,575.00-1,850.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 301.71 $ 200.00-457.75
Price per Square Feet to Buy Apartment Outside of Centre 174.92 $ 150.00-183.16
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,246.43 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.29 3.25-5.00

Prices in Anchorage, Alaska

This city had 345 entries in the past 12 months by 27 different contributors.
Last update: February 2021
Sources and References
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4 Comments so far
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?
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!!!