Housing costs in Anchorage?
A typical home costs
$311,400, which is 7.9% less expensive than the national average of
$338,100 and 7.3% less expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,350 per month, which is 0.0% cheaper than the national average of
$1,350 and 3.7% more than the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99504), Alaska, a minimum annual income of
$59,760 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99504 Anchorage, AK is higher than the national average. On average, groceries and restaurant meals costs approximately 10-15% more than the rest of the United States, while transportation and utilities are around 7-10% higher. Housing is the most expensive aspect of living in this area, with median home prices being around $391,000 and rents averaging between $1,200-$2,000 per month. Although Anchorage may be more costly than other areas in the U.S., its natural beauty and plenty of recreational activities make it a desirable place to call home.