Anchorage cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAnchorageAlaskaNational
Cost of living index128130100
IndexAnchorageAlaskaNational
Goods & Services index121119100
Groceries index123128100
Health care index138143100
Housing index144128100
Transportation index124146100
Utilities index109159100

Did you know?

  • The cost of living in Anchorage is 2% lower than the Alaska average.
  • The cost of living in Anchorage is 28% higher than the national average.
  • The cost of housing in Anchorage is 44% higher than the national average.
  • Alaska general sales tax is 100% lower than the national average.
  • Alaska state income tax is 100% lower than the national average.

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Compare Anchorage, AK Cost of living To Other Cities

Alaska Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alaska0%7%

Alaska Income Tax

StateIncome Tax (Low)Income Tax (High)
Alaska0%0%

Goods & Services

ItemAnchorageNational avg.Difference
Haircut $19.20$14.5931.6%
Beauty Salon $51.20$34.6847.6%
Toothpaste $2.93$2.4718.5%
Shampoo $1.25$1.0222.3%
Movie $10.83$9.879.7%
Bowling $4.56$4.393.8%

Groceries

ItemAnchorageNational avg.Difference
Ground Beef $5.27$4.4817.7%
Fried Chicken $1.49$1.461.8%
Milk $2.37$2.360.6%
Potatoes $4.59$3.0649.9%
Pizza $10.00$9.248.2%
Beer $9.75$8.6312.9%

Health Care

ItemAnchorageNational avg.Difference
Optometrist $182.40$99.7882.8%
Doctor $169.40$105.0361.3%
Dentist $127.80$88.7044.1%
Ibuprofen $9.20$9.412.3%
Lipitor $310.51$298.504.0%

Housing

ItemAnchorageNational avg.Difference
Home Price $277,100.00$181,400.0052.8%
Avg. Mortgage Payment $1,842.82$1,081.0370.5%
Apartment Rent $1,104.00$889.0024.2%

Transportation

ItemAnchorageNational avg.Difference
Gasoline $2.79$2.0933.3%
Tire Balancing $44.30$45.292.2%

Utilities

ItemAnchorageNational avg.Difference
All Electricity$203.76$170.8019.3%
Phone $27.01$28.264.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Point MacKenzie, AK40711313%
Anchorage, AK291,47012828%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Stockton, CA292,2621099%
Toledo, OH287,48786-14%
Lexington-Fayette, KY296,76693-7%
St. Paul, MN286,1711033%
Cincinnati, OH297,31488-12%
Anchorage, AK291,47012828%
Source: The Anchorage, AK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.