Anchorage, Alaska vs. Minneapolis, Minnesota

Cost of Living Comparison

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

You would need a salary of $57,026 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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