What Are the Everyday Living Costs in Anchorage, AK in 2024?
The average monthly cost of living in Anchorage, AK is $3,956, which is 12% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,436, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,520 per month.
Anchorage, AK is ranked 199th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,436
Utilities
$494
Transportation
$149
Groceries
$859
Other
$1,019
Total
$3,957
What Are the Everyday Living Costs in Anchorage, AK in 2024?
The average monthly cost of living in Anchorage, AK for singles is $2,584, which is 13% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $903, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,681 per month.
Anchorage, AK is ranked 178th out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$903
Utilities
$286
Transportation
$79
Groceries
$428
Other
$889
Total
$2,585
What Are the Everyday Living Costs in Anchorage, AK in 2024?
The average monthly cost of living in Anchorage, AK for couples is $3,930, which is 13% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,408, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,522 per month.
Anchorage, AK is ranked 195th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,408
Utilities
$485
Transportation
$158
Groceries
$855
Other
$1,024
Total
$3,930
What Are the Everyday Living Costs in Anchorage, AK in 2024?
The average monthly cost of living in Anchorage, AK for single parents is $3,782, which is 9% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,408, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,374 per month.
Anchorage, AK is ranked 184th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,408
Utilities
$475
Transportation
$126
Groceries
$762
Other
$1,011
Total
$3,782
What Are the Everyday Living Costs in Anchorage, AK in 2024?
The average monthly cost of living in Anchorage, AK for families is $5,529, which is 14% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,024, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,504 per month.
Anchorage, AK is ranked 206th out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the expensive cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,024
Utilities
$728
Transportation
$233
Groceries
$1,391
Other
$1,153
Total
$5,529
What Salary Do You Need to Live Comfortably in Anchorage, AK in 2024?
Overall, on average, a gross annual salary of $61,488 is required for an average quality of life in Anchorage, AK.
Is the Cost of Living High in Anchorage, AK?
Anchorage, AK is ranked 199th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Anchorage, AK's average monthly rent is 32% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Anchorage, AK in 2024?
A gross annual salary of $50,000 in Anchorage, AK will yield an average annual net salary of $45,882. Considering that the total average annual cost of living in Anchorage, AK is $47,476, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Anchorage, AK?
The average monthly rent in Anchorage, AK in the city center is $1,101 for a 1 bedroom apartment, $1,408 for a 2 bedroom apartment and $1,803 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,104 for a 1 bedroom apartment, $1,408 for a 2 bedroom apartment and $1,807 for a 3 bedroom apartment.
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