Housing costs in Anchorage Municipality?
A typical home costs
$371,400, which is 9.8% more expensive than the national average of
$338,100 and 10.5% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage Municipality costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and close to the state average of
$1,350.
Can I afford Anchorage Municipality?
To live comfortably in Anchorage Municipality Ala County, Alaska, a minimum annual income of
$71,280 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Anchorage Municipality?
The cost of living in Anchorage Municipality, AK County is 115.5, which is 15.5 points higher than the US average of 100. This means that the cost of goods and services in Anchorage Municipality, such as housing, groceries, transportation and healthcare are all relatively more expensive than other places in the US. Additionally, the median value of homes in Anchorage is $371,400 - which is much higher than the US average house value of $338,100. Despite this high cost of living, residents of Anchorage enjoy a number of amenities and access to outdoor activities which make it worth considering for relocation or homeownership.