Housing costs in Anchorage?
A typical home costs
$482,900, which is 42.8% more expensive than the national average of
$338,100 and 43.7% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,290 per month, which is 4.4% 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 99587), Alaska, a minimum annual income of
$92,520 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99587 Anchorage, AK is generally higher than the average cost of living throughout the US. According to BestPlaces, the total cost of living in Anchorage is approximately 25.79% higher than the national average, with basic utilities alone accounting for a difference of 14.19%. Housing costs are particularly expensive, amounting to almost twice as much as they do on average in the US. Rent prices are also quite high and have seen consistent increases over time. Transportation and food costs are both slightly above the national average as well. All together, the cost of living in 99587 Anchorage is relatively high when compared to other parts of the country.