2025 Compare Cities Cost of Living:
Memphis, TN vs Anchorage, AK

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Highlights
Is it cheaper to live in Anchorage or is it cheaper to live in Memphis?
- Anchorage is 34.6% more expensive than Memphis.

Which city has more affordable housing, Anchorage or Memphis?
- Anchorage housing costs are 175.7% more expensive than Memphis housing costs.

Is Health Care more affordable in Memphis or is Health Care more affordable in Anchorage.
- Health related expenses are 29.5% more in Anchorage.
 Memphis, TNAnchorage, AKUnited States
 Overall  Unlock115.5100
 Food & Groceries93.3  Unlock100
 Health  Unlock125.4100
 Housing42.4  Unlock100
 Median Home Cost  Unlock$344,400$338,100
 Utilities96  Unlock100
 Transportation  Unlock104.6100
 Miscellaneous100.2  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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Reviews for Anchorage    83 Reviews

Over 1 years ago

Anchorage had potential but with the massive amount of homeless the petty crime is on the rise. I chose to live in a town outside of Anchorage rather than the city for  More

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I lived in Anchorage for the better part of the 2010's. Pros: o Beautiful, mountain and ocean views; close to many hiking trails, campsites, fishing grounds,  More

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it's nice, i liked it when i grew up there. kinda wish i could move back, but i didn't really like being isolated from all the things like nordstrom, trader joe's,  More

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