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ANCHORAGE vs. MINNEAPOLIS
Cost of Living Comparison

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Cost of Living Calculator - Anchorage, Alaska vs Minneapolis, Minnesota

The cost of living in Minneapolis, Minnesota is 9.5% cheaper than Anchorage, Alaska.

You would need a salary of $124,010 in Minneapolis, Minnesota to maintain the standard of living you have in Anchorage, Alaska.

Comparison highlights

• Overall, Minneapolis, Minnesota is cheaper than Anchorage, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
14% cheaper in Minneapolis
than in Anchorage, Alaska

Anchorage, AK vs Minneapolis, MN

Compared to Anchorage, Minneapolis is:

Homeowner

No Child Care, Taxes not Considered

9.5% lower

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

17.3% lower

Housing (Homeowner)

19.0% lower

Housing (Rent)

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Median Home Cost

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Utilities

7.8% lower

Commute

3.7% higher

Health

39.6% lower

Taxes

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Childcare

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Personal

12.1% lower

Cost of Food

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