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Cost of Living in Anchorage, AK

Population: 289,069 | Alaska

112
Cost of Living Index
US Average = 100

Anchorage is 12% more expensive than the national average.

110
Housing
123
Home Values
107
Regional Price

Income

Median Household Income
$98,152
vs US Median ($75,149)
+31%

Housing

Median Rent
$1,453/mo
Median Home Value
$375,900
Median Monthly Housing Cost
$1,698/mo

Everyday Prices in Anchorage

BLS Average Prices for the Anchorage, AK (Metropolitan Statistical Area) area

$3.20
Gasoline (regular)
per gallon
+4% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+4% vs US
🥛
$4.21
Milk (whole)
per gallon
+4% vs US
🍞
$1.93
Bread (white)
per lb
+4% vs US
🍗
$4.33
Chicken breast
per lb
+4% vs US
$0.21
Electricity
per kWh
+8% vs US

Climate in Anchorage

NOAA 30-year normals (1991-2020)

37.8°F
Avg Temperature
14.2"
Rainfall / Year
109d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 23 28 34 47 58 66 68 66 57 43 29 25
Avg °F 15 20 26 39 50 58 61 59 50 36 23 18
Low °F 8 12 17 30 41 50 54 51 43 30 16 11
Rain" 0.5 0.7 0.5 0.3 0.6 1.0 1.7 2.5 3.0 1.6 0.9 0.9