What is a pro or con of living in Anchorage, Alaskacompared to Southfield, Michigan?

Median Home Cost is 57% more expensive in Anchorage.

What salary do I need to live in Anchorage, Alaska copmared to Southfield, Michigan?

A salary of $40,000 in Southfield, Michigan should increase to $46,586 in Anchorage, Alaska (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SOUTHFIELD vs. ANCHORAGE
Cost of Living Comparison

Southfield, Michigan vs. Anchorage, Alaska

Cost of Living Comparison

The cost of living in Anchorage, Alaska is 16.5% more expensive than Southfield, Michigan.

You would need a salary of $46,586 in Anchorage, Alaska to maintain the standard of living you have in Southfield, Michigan.

Comparison highlights

• Overall, Anchorage, Alaska is more expensive than Southfield, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
57% more expensive in Anchorage
than in Southfield, Michigan

Southfield, MI vs. Anchorage, AK

Compared to Southfield, Anchorage is:

Homeowner

No Child Care, Taxes not Considered

16.5% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

27.9% higher

Housing (Homeowner)

89.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

7.9% higher

Commute

23.8% lower

Health

56.9% higher

Taxes

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Childcare

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Personal

11.9% higher

Cost of Food

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Southfield, Michigan vs. Anchorage, Alaska

Cost of Living Comparison

Comparison highlights

Southfield, MI vs. Anchorage, AK

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