Zip 99567 (Anchorage, AK) Cost of Living


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How much do I need to live in Anchorage, Alaska?
$6,990 / month
for a family, 29.4% more expensive than the national average A total of $83,880 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

Anchorage cost of living score
115.5
More expensive
15.5% higher
than the US average
0.9% lower
than the Alaska average
Anchorage (zip 99567), Alaska gets a BestPlaces Cost of Living score of 115.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% higher than the U.S. average and 0.9% higher than the average for Alaska.

Zip 99567 (Anchorage, AK)

Housing costs in Anchorage?
A typical home costs $438,500, which is 29.7% more expensive than the national average of $338,100 and 30.5% more expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Anchorage costs $1,200 per month, which is 11.1% cheaper than the national average of $1,350 and 8.3% cheaper than the state average of $1,300.

Can I afford Anchorage?
To live comfortably in Anchorage (zip 99567), Alaska, a minimum annual income of $83,880 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Anchorage?
The cost of living in 99567 Anchorage, AK is relatively high when compared to other parts of the United States. The median home price in Anchorage is $347,500, with rents averaging around $1,636 per month. Utilities, groceries, and transportation costs are also higher than the national average as well. However, it should be noted that there are several ways to save money when living in Anchorage such as taking advantage of local services and programs that offer discounts and incentives. Additionally, many employers provide additional benefits such as subsidized health insurance plans or employee discounts to help alleviate some of the financial burden associated with living in this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAnchorageAlaskaUnited States
    Unlock116.5100.0
  124.6  Unlock100.0
    Unlock127.3100.0
  142.5  Unlock100.0
    Unlock$336,100$338,100
  102.4  Unlock100.0
    Unlock98.2100.0
  135.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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