Housing costs in Anchorage?
A typical home costs
$404,900, which is 19.8% more expensive than the national average of
$338,100 and 20.5% more expensive than the average Alaska home, at
$336,100. Renting a two-bedroom unit in Anchorage costs
$1,490 per month, which is 10.4% more than the national average of
$1,350 and 12.8% more than the state average of
$1,300.
Can I afford Anchorage?
To live comfortably in Anchorage (zip 99515), Alaska, a minimum annual income of
$77,760 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Anchorage?
The cost of living in 99515 Anchorage, AK is relatively high compared to the national average. According to Data USA, the median household income for this area is $82,077 and the median home value is $313,200. The overall cost of living index for Anchorage is 139.1, which is 39.1% higher than the U.S. average. Groceries and healthcare are especially expensive in Anchorage with respective indices of 108 and 118. Rent in Anchorage is also higher than the national average with a median rent price of $1,604 per month as opposed to a U.S median rent price of $1,476 per month.