Housing costs in Anchorage?
A typical home costs
$416,700, which is 23.2% more expensive than the national average of
$338,100 and 24.0% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,390 per month, which is 3.0% more than the national average of
$1,350 and 6.5% more than the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99513), Alaska, a minimum annual income of
$79,920 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99513 Anchorage, AK is higher than the national average. Housing costs are particularly high, with median rent for a one-bedroom apartment hovering around $1,300. Other costs such as utilities and groceries are also more expensive than the national average. Healthcare costs are slightly lower than the national average, however transportation expenses are significantly more expensive due to Alaska's unique geography. Overall, the cost of living in Anchorage, AK can be quite expensive depending on lifestyle choices but there are plenty of opportunities to make it work.