Housing costs in Anchorage?
A typical home costs
$338,700, which is 0.2% more expensive than the national average of
$338,100 and 0.8% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,460 per month, which is 8.1% more than the national average of
$1,350 and 11.0% more than the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99507), Alaska, a minimum annual income of
$64,800 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99507 Anchorage, AK is significantly higher than the national average. The primary factors driving this are housing costs, which are approximately 62% higher than the national average, and transportation costs, which run about 34% higher on average. Groceries, health care, and utilities are all also more expensive in Anchorage than they are nationwide. The cost of living makes it difficult for many people to afford to live comfortably in the city without a high salary or multiple income sources.