According to the most recent data on the cost of living, Anchorage has an overall cost of living index of 127 which is 1.3x higher than the national index of 100.
Compared to only Alaska, Anchorage has a cost of living index that's 1.0x lower than Alaska's index of 128.
The standard of living in Anchorage ranks as #5,135 most affordable out of the 6,522 places we measured in Alaska. By definition, that implies Anchorage ranks as the #1,271 most expensive place in the Last Frontier.
|Living Expense||Anchorage||Alaska||National Average|
Housing swings affordability the most between places in Alaska, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.