Cost of Living Calculator - Anchorage, Alaska vs Elk River, Minnesota


The cost of living in Elk River, Minnesota is 9.1% cheaper than Anchorage, Alaska.

You would need a salary of $218,278 in Elk River, Minnesota to maintain the standard of living you have in Anchorage, Alaska.
Comparison highlights
• Overall, Elk River, Minnesota is cheaper than Anchorage, Alaska
• Health is the biggest factor in the cost of living difference.
Health
39% cheaper in Elk River
than in Anchorage, Alaska
Anchorage, AK vs Elk River, MN
Compared to Anchorage, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  9.1% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  17.3% lower
  Housing (Homeowner)
  22.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.3% lower
  Commute
  11.7% higher
  Health
  40.0% lower
  Taxes
  Childcare
  Personal
  13.8% lower

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