Housing costs in Anchorage?
A typical home costs
$350,300, which is 3.6% more expensive than the national average of
$338,100 and 4.2% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,300 per month, which is 3.7% cheaper than the national average of
$1,350 and close to the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99501), Alaska, a minimum annual income of
$66,960 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99501 Anchorage, AK is relatively high compared to other cities across the US. Housing costs are particularly high, as the median value of all owner occupied homes is around $340,000. In addition, the median price of a one-bedroom apartment is over $1,100 per month. Additionally, groceries and transportation costs are higher than the national average. Despite these higher costs, Anchorage offers a variety of job opportunities and vibrant cultural scene that make it an attractive place to live for many people.