Housing costs in Anchorage?
A typical home costs
$386,100, which is 14.2% more expensive than the national average of
$338,100 and 14.9% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$2,050 per month, which is 51.9% more than the national average of
$1,350 and 36.6% more than the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99505), Alaska, a minimum annual income of
$73,800 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Anchorage?
99505 Anchorage, AK is a great place to live and offers a variety of housing and cost of living options. According to BestPlaces, the cost of living in Anchorage is slightly higher than the U.S. national average, but still relatively affordable. The overall cost of living index is rated at 105.92, which is 5.92 points higher than the U.S. average (100). Housing expenses are also slightly higher than average with an index rating of 111.82 and groceries at 101.69, both approximately 11 points higher than the national average rates for each category. On the plus side, transportation costs are lower in Anchorage with an index rating of 95.91, which is lower than most other cities across the United States.