5.5% above the United States average
Ranked #49 of 577 cities · More expensive than 91.5% of cities worldwide
Compared to United States average · See United States ranking โ
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | USD 1,760/mo | USD 1,384/mo | 21% |
| 3-Bedroom | USD 2,857/mo | USD 2,442/mo | 15% |
Prices in local currency, cross-referenced from multiple independent sources. October 2026.
Anchorage has a cost of living index of 60.9 (New York = 100, rent included), the average of 3 of 3 data sources.
ShouldIMove price index: our own basket of real item prices plus rent.
Anchorage is very expensive by global standards (ranked #49 of 577 cities). It is 5.5% more expensive than the United States average, based on 82 cities.
Groceries are expensive and dining out is expensive. The best value is rent and the priciest is restaurants.
Local purchasing power is strong: residents can afford more goods and services than in most cities.
Add your current city and salary to compare your take-home pay and living costs with Anchorage.
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