North America Updated
Average Cost of Living in Anchorage
The average cost of living in Anchorage, United States is $2,229 per month for a single person, and $4,517 per month for a family of four. A one-bedroom apartment rents for around $1,623 per month. The local average net salary is $4,605 per month.
Affordable
Updated today
Index 50.7 · NYC = 100
Estimated monthly cost
- Single person
- $2,229 / month
- Family of 4
- $4,517 / mo
- Student
- $1,297 / mo
Includes rent, food, utilities, transport, and dining out. Excludes healthcare, taxes, and discretionary travel.
Salary that covers life in Anchorage
Adjust the household and see the gap or surplus vs. typical local pay.
Interactive
You need at least
$0 / month
Annual gross (25% tax)
$0
vs. local average net salary
$4,605.31 / month
On this page 11 sections
| Section | Description |
|---|---|
| Salary calculator for Anchorage | Find out the monthly salary needed for a single, family, or student lifestyle. |
| Rent & Property Prices in Anchorage | Apartment rent and property purchase price per square meter. |
| Grocery Prices in Anchorage | Supermarket prices for staples like bread, milk, produce, and meat. |
| Public Transport & Car Costs in Anchorage | Public transport tickets, taxi fares, fuel, and vehicle prices. |
| Utility & Internet Costs in Anchorage | Monthly electricity, heating, water, mobile, and broadband bills. |
| Childcare & Preschool in Anchorage | Preschool fees and international school tuition. |
| Clothing Prices in Anchorage | Jeans, dresses, running shoes, and leather shoes from chain stores. |
| Gym, Cinema & Leisure in Anchorage | Gym memberships, tennis court rentals, and cinema tickets. |
| Restaurant Prices in Anchorage | Meals at inexpensive and mid-range restaurants, coffee, and soft drinks. |
| Salaries & Mortgages in Anchorage | Average monthly net salary and mortgage interest rates. |
| Anchorage FAQs | Common questions about rent, salaries, food, and transport in Anchorage. |
Rent & Property Prices in Anchorage
Apartment rent and property purchase price per square meter.
| Item | Median | Range (low–high) |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $1,623 | $1,553 – $2,200 |
| 1 Bedroom Apartment Outside of City Centre | $1,331 | $1,200 – $1,650 |
| 3 Bedroom Apartment in City Centre | $2,735 | $2,440 – $4,500 |
| 3 Bedroom Apartment Outside of City Centre | $2,238 | $1,850 – $3,200 |
| Price per Square Meter to Buy Apartment in City Centre | $4,052 | $2,745 – $4,740 |
| Price per Square Meter to Buy Apartment Outside of Centre | $2,830 | $2,702 – $2,890 |
- 1 Bedroom Apartment in City Centre $1,623$1,553 – $2,200
- 1 Bedroom Apartment Outside of City Centre $1,331$1,200 – $1,650
- 3 Bedroom Apartment in City Centre $2,735$2,440 – $4,500
- 3 Bedroom Apartment Outside of City Centre $2,238$1,850 – $3,200
- Price per Square Meter to Buy Apartment in City Centre $4,052$2,745 – $4,740
- Price per Square Meter to Buy Apartment Outside of Centre $2,830$2,702 – $2,890
Grocery Prices in Anchorage
Supermarket prices for staples like bread, milk, produce, and meat.
| Item | Median | Range (low–high) |
|---|---|---|
| Milk (Regular, 1 Liter) | $1.15 | $0.79 – $1.59 |
| Fresh White Bread (500 g Loaf) | $4.65 | $2.76 – $5.50 |
| White Rice (1 kg) | $4.64 | $1.96 – $13 |
| Eggs (12, Large Size) | $4.98 | $2.00 – $7.00 |
| Local Cheese (1 kg) | $13 | $8.80 – $15 |
| Chicken Fillets (1 kg) | $13 | $6.59 – $20 |
| Beef Round or Equivalent Back Leg Red Meat (1 kg) | $21 | $11 – $28 |
| Apples (1 kg) | $8.71 | $4.41 – $18 |
| Bananas (1 kg) | $2.30 | $1.96 – $4.41 |
| Oranges (1 kg) | $5.50 | $1.98 – $8.38 |
| Tomatoes (1 kg) | $6.41 | $3.86 – $7.25 |
| Potatoes (1 kg) | $2.77 | $1.30 – $4.41 |
| Onions (1 kg) | $3.42 | $2.20 – $4.41 |
| Lettuce (1 Head) | $2.75 | $2.49 – $3.29 |
| Bottled Water (1.5 Liter) | $2.31 | $1.50 – $2.99 |
| Bottle of Wine (Mid-Range) | $16 | $16 – $25 |
| Domestic Beer (0.5 Liter Bottle) | $1.73 | $1.29 – $1.73 |
| Imported Beer (0.33 Liter Bottle) | $5.14 | $2.16 – $9.00 |
| Cigarettes (Pack of 20, Marlboro) | $13 | $12 – $14 |
- Milk (Regular, 1 Liter) $1.15$0.79 – $1.59
- Fresh White Bread (500 g Loaf) $4.65$2.76 – $5.50
- White Rice (1 kg) $4.64$1.96 – $13
- Eggs (12, Large Size) $4.98$2.00 – $7.00
- Local Cheese (1 kg) $13$8.80 – $15
- Chicken Fillets (1 kg) $13$6.59 – $20
- Beef Round or Equivalent Back Leg Red Meat (1 kg) $21$11 – $28
- Apples (1 kg) $8.71$4.41 – $18
- Bananas (1 kg) $2.30$1.96 – $4.41
- Oranges (1 kg) $5.50$1.98 – $8.38
- Tomatoes (1 kg) $6.41$3.86 – $7.25
- Potatoes (1 kg) $2.77$1.30 – $4.41
- Onions (1 kg) $3.42$2.20 – $4.41
- Lettuce (1 Head) $2.75$2.49 – $3.29
- Bottled Water (1.5 Liter) $2.31$1.50 – $2.99
- Bottle of Wine (Mid-Range) $16$16 – $25
- Domestic Beer (0.5 Liter Bottle) $1.73$1.29 – $1.73
- Imported Beer (0.33 Liter Bottle) $5.14$2.16 – $9.00
- Cigarettes (Pack of 20, Marlboro) $13$12 – $14
Public Transport & Car Costs in Anchorage
Public transport tickets, taxi fares, fuel, and vehicle prices.
| Item | Median | Range (low–high) |
|---|---|---|
| One-Way Ticket (Local Transport) | $2.00 | $2.00 – $2.00 |
| Monthly Public Transport Pass (Regular Price) | $60 | $60 – $60 |
| Taxi Start (Standard Tariff) | $2.75 | $2.75 – $3.00 |
| Taxi 1 km (Standard Tariff) | $1.86 | $1.86 – $1.86 |
| Taxi 1 Hour Waiting (Standard Tariff) | $42 | $38 – $42 |
| Gasoline (1 Liter) | $1.04 | $0.91 – $1.33 |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | $33,740 | $33,740 – $34,500 |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | $25,772 | $25,572 – $26,877 |
- One-Way Ticket (Local Transport) $2.00$2.00 – $2.00
- Monthly Public Transport Pass (Regular Price) $60$60 – $60
- Taxi Start (Standard Tariff) $2.75$2.75 – $3.00
- Taxi 1 km (Standard Tariff) $1.86$1.86 – $1.86
- Taxi 1 Hour Waiting (Standard Tariff) $42$38 – $42
- Gasoline (1 Liter) $1.04$0.91 – $1.33
- Volkswagen Golf 1.5 (or Equivalent New Compact Car) $33,740$33,740 – $34,500
- Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) $25,772$25,572 – $26,877
Utility & Internet Costs in Anchorage
Monthly electricity, heating, water, mobile, and broadband bills.
| Item | Median | Range (low–high) |
|---|---|---|
| Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) | $333 | $200 – $525 |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $76 | $60 – $100 |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $130 | $79 – $199 |
- Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) $333$200 – $525
- Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $76$60 – $100
- Broadband Internet (Unlimited Data, 60 Mbps or Higher) $130$79 – $199
Childcare & Preschool in Anchorage
Preschool fees and international school tuition.
| Item | Median | Range (low–high) |
|---|---|---|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | $1,200 | $1,200 – $3,000 |
| International Primary School, Annual Tuition per Child | $10,350 | $10,350 – $10,350 |
- Private Full-Day Preschool or Kindergarten, Monthly Fee per Child $1,200$1,200 – $3,000
- International Primary School, Annual Tuition per Child $10,350$10,350 – $10,350
Clothing Prices in Anchorage
Jeans, dresses, running shoes, and leather shoes from chain stores.
| Item | Median | Range (low–high) |
|---|---|---|
| Jeans (Levi's 501 or Similar) | $49 | $30 – $60 |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | $46 | $45 – $50 |
| Nike Running Shoes (Mid-Range) | $114 | $70 – $150 |
| Men's Leather Business Shoes | $120 | $45 – $200 |
- Jeans (Levi's 501 or Similar) $49$30 – $60
- Summer Dress in a Chain Store (e.g. Zara or H&M) $46$45 – $50
- Nike Running Shoes (Mid-Range) $114$70 – $150
- Men's Leather Business Shoes $120$45 – $200
Gym, Cinema & Leisure in Anchorage
Gym memberships, tennis court rentals, and cinema tickets.
| Item | Median | Range (low–high) |
|---|---|---|
| Monthly Fitness Club Membership | $83 | $30 – $125 |
| Tennis Court Rental (1 Hour, Weekend) | $40 | $40 – $40 |
| Cinema Ticket (International Release) | $15 | $12 – $17 |
- Monthly Fitness Club Membership $83$30 – $125
- Tennis Court Rental (1 Hour, Weekend) $40$40 – $40
- Cinema Ticket (International Release) $15$12 – $17
Restaurant Prices in Anchorage
Meals at inexpensive and mid-range restaurants, coffee, and soft drinks.
| Item | Median | Range (low–high) |
|---|---|---|
| Meal at an Inexpensive Restaurant | $23 | $15 – $40 |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $100 | $75 – $100 |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $15 | $12 – $18 |
| Domestic Draft Beer (0.5 Liter) | $8.00 | $7.00 – $9.00 |
| Imported Beer (0.33 Liter Bottle) | $8.00 | $6.00 – $14 |
| Cappuccino (Regular Size) | $6.17 | $5.00 – $9.00 |
| Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) | $3.36 | $2.50 – $4.00 |
| Bottled Water (0.33 Liter) | $2.67 | $2.00 – $4.00 |
- Meal at an Inexpensive Restaurant $23$15 – $40
- Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $100$75 – $100
- Combo Meal at McDonald's (or Equivalent Fast-Food Meal) $15$12 – $18
- Domestic Draft Beer (0.5 Liter) $8.00$7.00 – $9.00
- Imported Beer (0.33 Liter Bottle) $8.00$6.00 – $14
- Cappuccino (Regular Size) $6.17$5.00 – $9.00
- Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) $3.36$2.50 – $4.00
- Bottled Water (0.33 Liter) $2.67$2.00 – $4.00
Salaries & Mortgages in Anchorage
Average monthly net salary and mortgage interest rates.
| Item | Median | Range (low–high) |
|---|---|---|
| Average Monthly Net Salary (After Tax) | $4,605 | — |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.05% | — |
- Average Monthly Net Salary (After Tax) $4,605
- Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.05%
Compare Anchorage with…
Pick any city to see costs side by side.
Related cities
Similar cost tier, nearby, or in the same country.
United States
Colorado-Springs
Monthly / 1 person
$2,236
vs NYC
50.8/100
United States
Syracuse
Monthly / 1 person
$2,246
vs NYC
51.1/100
United States
Orlando
Monthly / 1 person
$2,193
vs NYC
49.8/100
United States
Vancouver-WA
Monthly / 1 person
$2,188
vs NYC
49.7/100
United States
Phoenix
Monthly / 1 person
$2,178
vs NYC
49.5/100
United States
Atlanta
Monthly / 1 person
$2,283
vs NYC
51.9/100
Frequently asked questions
- How much does it cost to live in Anchorage?
- An estimated $2,229 per month covers rent, food, utilities, and transport for one person in Anchorage. A family of four needs around $4,517 per month, while students living shared accommodation manage on roughly $1,297.
- How much money do I need to live in Anchorage?
- Plan for at least $2,229 per month as a single person, $4,517 per month for a family of four, or $1,297 per month as a student in shared accommodation. Add 15–25% on top for taxes, savings, and discretionary spending — that's the salary you should be targeting before relocating to Anchorage.
- What is the average rent in Anchorage?
- A one-bedroom apartment in Anchorage rents for around $1,623 per month, with three-bedroom apartments in the city centre around $2,735 per month. Prices vary depending on neighbourhood, building age, and furnishings.
- What is the average salary in Anchorage?
- The average monthly net salary in Anchorage is around $4,605. Whether that's enough to live comfortably depends on housing choice — rent typically claims 35% of a single-person paycheck.
- How much does food cost in Anchorage?
- A meal at an inexpensive restaurant in Anchorage costs around $23. Cooking at home, a single person spends roughly $116 per month on groceries. Staples like milk ($1.15/L) and bread ($4.65/500g) are typical.
- What is public transport like in Anchorage?
- A monthly public transport pass in Anchorage costs around $60. Cities with extensive metro and bus networks generally let residents skip car ownership entirely, particularly when commuting from areas outside the city centre.
- Is the internet expensive in Anchorage?
- Unlimited broadband at 60 Mbps or higher in Anchorage costs around $130 per month — useful context for remote workers comparing locations.