Zip 99577 (Anchorage, AK) Cost of Living


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How much do I need to live in Anchorage, Alaska?
$6,660 / month
for a family, 23.3% more expensive than the national average A total of $79,920 for the year for a family.
$4,767 / month
for a single person, 0.0% more expensive than the national average A total of $57,200 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 99577), 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 99577 (Anchorage, AK)

Housing costs in Anchorage?
A typical home costs $416,400, which is 23.2% more expensive than the national average of $338,100 and 23.9% more expensive than the average Alaska home, at $336,100. Renting a two-bedroom unit in Anchorage costs $1,880 per month, which is 39.3% more than the national average of $1,350 and 30.9% more than the state average of $1,300.

Can I afford Anchorage?
To live comfortably in Anchorage (zip 99577), Alaska, a minimum annual income of $79,920 for a family, and $57,200 for a single person is recommended.

What does A.I. say about Anchorage?
The cost of living in Anchorage, AK 99577 is relatively high compared to other parts of the United States. The median home value in Anchorage is approximately $339,200 and the median rent price is around $1,447 per month. Groceries are more expensive than the national average, while utilities and transportation costs are slightly below average. Healthcare and housing costs are significantly higher than the national averages, making it a difficult area for people living on a budget. Despite this, Anchorage remains an attractive option for many due to its beautiful surroundings and proximity to outdoor activities.
   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
  123.7  Unlock100.0
    Unlock127.3100.0
  141.7  Unlock100.0
    Unlock$336,100$338,100
  102.1  Unlock100.0
    Unlock98.2100.0
  135.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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