Cost of Living in Anchorage

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 20.00 $ 14.00-28.00
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 65.00-140.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.75 $ 9.50-12.00
Domestic Beer (1 pint draught) 7.00 $ 5.00-9.00
Imported Beer (12 oz small bottle) 7.00 $ 6.00-8.00
Cappuccino (regular) 5.09 $ 4.00-7.00
Coke/Pepsi (12 oz small bottle) 2.50 $ 2.00-3.00
Water (12 oz small bottle) 2.42 $ 2.00-3.00
Markets
Edit
Milk (regular), (1 gallon) 4.29 $ 3.79-8.00
Loaf of Fresh White Bread (1 lb) 3.64 $ 2.79-5.00
Rice (white), (1 lb) 2.11 $ 1.69-2.49
Eggs (regular) (12) 3.41 $ 2.19-4.25
Local Cheese (1 lb) 5.09 $ 3.99-7.00
Chicken Fillets (1 lb) 8.97 $ 3.29-16.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.37 $ 3.49-12.49
Apples (1 lb) 2.81 $ 1.50-3.49
Banana (1 lb) 0.92 $ 0.87-1.79
Oranges (1 lb) 2.50 $ 1.99-3.00
Tomato (1 lb) 3.35 $ 2.29-5.00
Potato (1 lb) 0.73 $ 0.59-1.00
Onion (1 lb) 1.39 $ 0.60-2.19
Lettuce (1 head) 2.83 $ 2.29-3.00
Water (1.5 liter bottle) 2.33 $ 1.50-2.99
Bottle of Wine (Mid-Range) 15.99 $ 12.00-16.00
Domestic Beer (0.5 liter bottle) 1.73 $ 1.73-1.73
Imported Beer (12 oz small bottle) 3.85 $ 3.50-4.25
Cigarettes 20 Pack (Marlboro) 10.82 $ 10.20-11.00
Transportation
Edit
One-way Ticket (Local Transport) 2.00 $ 2.00-2.00
Monthly Pass (Regular Price) 60.00 $ 60.00-60.00
Taxi Start (Normal Tariff) 2.75 $ 2.75-2.75
Taxi 1 mile (Normal Tariff) 2.75 $ 2.75-2.75
Taxi 1hour Waiting (Normal Tariff) 38.00 $ 38.00-38.00
Gasoline (1 gallon) 4.21 $ 3.65-4.99
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,679.00 $ 33,679.00-35,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,106.00 $ 25,659.00-25,659.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 348.11 $ 200.00-525.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.17 $ 43.00-75.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 126.40 $ 100.00-189.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 90.00 $ 55.00-110.00
Tennis Court Rent (1 Hour on Weekend) 40.00 $ 40.00-40.00
Cinema, International Release, 1 Seat 14.50 $ 12.00-15.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 962.50 $ 925.00-1,000.00
International Primary School, Yearly for 1 Child 10,350.00 $ 10,350.00-10,350.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 52.25 $ 22.00-60.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 45.00-45.00
1 Pair of Nike Running Shoes (Mid-Range) 86.62 $ 70.00-115.00
1 Pair of Men Leather Business Shoes 76.67 $ 45.00-125.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,379.00 $ 1,200.00-1,850.00
Apartment (1 bedroom) Outside of Centre 1,142.90 $ 1,000.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,144.00 $ 1,652.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,800.00 $ 1,400.00-2,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 249.50 $ 247.03-250.00
Price per Square Feet to Buy Apartment Outside of Centre 232.84 $ 230.00-247.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,522.08 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 5.00-7.00

Prices in Anchorage, Alaska

This city had 309 entries in the past 12 months by 29 different contributors.
Last update: February 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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4 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