Cost of living and prices in Anchorage, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Anchorage, located in the Northern America, is a bustling city in the United States. With coordinates of 61.21806 latitude and -149.90028 longitude, the city sits at an elevation of -32768 meters above sea level.

As a major city, Anchorage is home to a population of 294,356 people and operates on the America/Anchorage time zone. The cost of living in Anchorage is relatively high, with housing, transportation, and healthcare costs serving as some of the biggest expenses for locals. However, the city's strong local economy and excellent job opportunities help offset these costs, making it a great place to live for both career-driven professionals and families.

Those who choose to call Anchorage home will find plenty of things to love about the city, including its beautiful natural scenery, abundance of outdoor recreational opportunities, and diverse community of residents. From hiking trails and fishing spots to world-class museums and cultural institutions, there's always something new to discover in Anchorage. Whether you're looking for urban amenities or outdoor adventures, this vibrant city has it all.

Cost of Living Estimate in Anchorage

Total cost of living in Anchorage for two person with average consumption for one month will be 1076.87 USD, no rent price included. Click here to calculate cost-of-living estimate in Anchorage

You can calculate cost of living in Anchorage by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you're a foodie or just love trying new cuisines, Anchorage is the place for you. The city has a diverse food scene, with an abundance of restaurants and eateries that cater to different tastes and budgets. You can find top-rated seafood restaurants, authentic Alaskan cuisine, and international foods such as Thai, Mexican, and Japanese. Many of the restaurants are conveniently located in the downtown area and offer great views of the city. From fine dining to casual eateries, there's something for everyone in Anchorage.

If you're looking for a unique dining experience, we suggest trying the local Alaskan seafood. The salmon, halibut, and crab are fresh and delicious, and many restaurants specialize in preparing them. Additionally, the city has several food trucks, street vendors, and farmers' markets where you can grab a quick bite or sample local produce. Don't forget to visit the local breweries and distilleries to taste some of the best craft beers and regional spirits. Ultimately, Anchorage offers an eclectic mix of dining options that are sure to satisfy any cravings.

Meal in Inexpensive Restaurant
14.16 $
Meal for 2 People, Mid-range Restaurant, Three-course
67.40 $
McMeal at McDonalds or Alternative Combo Meal
9.80 $
Cappuccino
4.41 $

Markets prices

Market prices in Anchorage, United States vary depending on the industry. The price of goods and services in the city is generally higher than in other parts of the country due to its geographical location and smaller population. However, Anchorage's dynamic economy provides numerous opportunities for businesses to succeed, and competition often drives prices down in various areas. For example, Anchorage's retail industry is highly competitive, with several major retailers vying for customers. This competition often translates to lower prices for consumers.

In contrast, the cost of living in Anchorage is higher than the national average. This is mainly due to the city's location in Alaska, which means that goods and services need to be transported from other states at a higher cost. As a result, some basic necessities, such as groceries, are more expensive in Anchorage. Despite this, the city has a generous job market, and many residents find employment opportunities with competitive salaries. Overall, market prices in Anchorage are generally higher than other cities, but it's also important to note that living in Anchorage is not just about cost, it's uniquely stunning outdoor landscape and lifestyle are an attraction for many.

Eggs, 12 pack
3.08 $
Lettuce, 1 head
2.41 $
Water, 1.5 liter Bottle
2.56 $
Bottle of Wine, Mid-Range Price
15.00 $
Domestic Beer, 0.5 liter Bottle
2.41 $
Pack of Cigarettes
10.00 $

Transportation prices

Traveling to Anchorage, you'll find numerous modes of transportation to take you to your desired locations. One of the popular means of transportation in Anchorage is the bus. The local buses in Anchorage are comfortable, modern, and eco-friendly, and they run all around the city, making them very convenient. The regular bus service has fixed routes, and the buses stop at designated bus stops that are strategically placed throughout the city. Another popular option is the taxi, which is comfortable and fast if you do not want to wait for the bus. Anchorage is also a bike-friendly city. Biking trails are available in the city, which are suitable for mountain bikes and hiking. Bike rentals are available in town, and there are many bike-friendly streets with bike lanes in Anchorage.

Additionally, car rental services are also available in the city, providing you with the freedom to drive around Anchorage at your convenience. Most car rental services also offer GPS, making it easy to find your desired destination. Anchorage also has a commuter train service that makes traveling easier to surrounding areas. The train ride is fantastic, taking you through beautiful scenery, including lakes and mountains. Lastly, Anchorage also has an airport, the Anchorage International Airport, which is a hub for different airlines, providing direct flights to and from various airports in the country. This wide range of transportation options in Anchorage will allow you to travel anywhere you like, making your visit a memorable experience.

One-way Ticket, Local Transport
2.00 $
Monthly Pass, Regular Price
60.00 $
Taxi Start, Normal Tariff
2.75 $
Taxi, price for 1 hour Waiting, Normal Tariff
45.00 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
28,000.00 $

Utilities Per Month prices

Travelers visiting Anchorage, United States, should be aware of the utilities cost in the area. The average cost of utilities can vary depending on the season, with higher costs during the winter months due to heating expenses. Visitors to Anchorage should expect to pay for utilities such as electricity, heating, water, and sewage, which can add up quickly during their stay. It is important to budget accordingly and plan for these expenses when traveling to Anchorage.

One way to save money on utilities when traveling to Anchorage is to consider staying in accommodations that offer bundled utility costs. This can be an attractive option for budget-conscious travelers, as it can save them money and provide a more predictable cost for their stay. Additionally, visitors may also want to consider taking steps to conserve energy during their stay, such as turning off lights and electronics when not in use and being mindful of water consumption. By being aware of utilities costs and taking steps to conserve energy, travelers to Anchorage can enjoy their stay while keeping their expenses in check.

Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.15 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
124.52 $

Sports And Leisure prices

Anchorage, Alaska is a stunning destination for sports enthusiasts and leisure travelers alike. With the beautiful mountainous landscapes, plenty of trails and secluded beaches, Anchorage is an ideal location for both outdoor activities and relaxation. The city is well-known for its opportunities for skiing, with visitors coming from all over the world to experience the famous Alyeska Ski Resort. Snowboarding, ice skating, and snowmobiling are also popular activities in the area.

For those looking for more laid-back activities, the city offers a range of parks and recreational areas to enjoy a picnic or a game of Frisbee. The Tony Knowles Coastal Trail is a popular destination for walkers, bikers and runners, with stunning views of the coast and the mountains beyond. Visitors can also take a quiet stroll through the Anchorage Botanical Garden or venture to the Alaska Zoo to see the indigenous wildlife. Whatever your interests may be, Anchorage has something to offer for everyone.

Fitness Club, Monthly Fee for 1 Adult
72.31 $
Tennis Court Rent, 1 Hour on Weekend
15.00 $

Salaries And Financing prices

Salaries in Anchorage, United States are generally higher than the national average due to the city's thriving economy. The largest industries in Anchorage include healthcare, government, and oil and gas, which offer high-paying jobs for skilled professionals. With a low unemployment rate, it is easier to find a job in Anchorage than in many other parts of the country. Despite its higher cost of living, the salaries in Anchorage can make up for it and provide a comfortable standard of living for those who live and work there.

Financing in Anchorage, United States is an important factor for both locals and tourists. The city's banking system is well-established, with many options to choose from for personal and business needs. Anchorage is also known for having a low tax burden, making it an attractive place for businesses to invest and operate. In addition, the city is home to several credit unions and community banks that offer competitive rates and personalized customer service. All in all, Anchorage offers a solid financial foundation for those who are looking to invest or do business in the city.

Cinema ticket, 1 Seat
13.00 $
Average Monthly Net Salary, After Tax
4,289.29 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.29 %

Childcare prices

Childcare prices in Anchorage, United States, can vary greatly depending on the type of childcare facility you choose. Schools and Kindergartens tend to be some of the more expensive options due to the structured education programs they offer. However, they often provide the highest quality of care and education for young children.

While childcare prices in Anchorage may seem expensive, it's important to remember the benefits that come with quality care. Children who receive structured education at a young age are more likely to develop important skills needed for success in the future. Additionally, many schools and Kindergartens offer various opportunities for children, such as field trips and extracurricular activities, which can contribute to their overall growth and development.

Private Preschool or Kindergarten, Monthly for 1 Child
1,040.00 $
International Primary School, Yearly for 1 Child
8,000.00 $

Clothing And Shoes prices

Anchorage, United States has a variety of options when it comes to clothing and shoe shops. Whether you're looking for high-end designer labels or affordable everyday-wear, there's something for everyone in Anchorage. From malls to local boutiques, you'll find a range of shops catering to all styles and budgets. Anchorage is also home to many outdoor stores specializing in durable, functional clothing and footwear for outdoor activities.

In addition to traditional retail stores, Anchorage also boasts several thrift shops and consignment stores where you can find unique and vintage clothing and accessories at a fraction of the price. For those who prefer to shop online, many stores also offer online shopping with the option for in-store pickup or delivery. No matter your style or budget, Anchorage has plenty of options for all your clothing and shoe needs.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
47.50 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
31.62 $
Pair of Running Shoes, Mid-Range Price
78.26 $
Pair of Leather Business Shoes
100.00 $

Rent Per Month prices

Anchorage, the largest city in Alaska, offers a wide range of short-term rental options, both for vacationers and business travelers. From modern apartments in downtown to cozy cabins in the Alaskan wilderness, there's something for every taste and budget. Most short stay rentals come fully furnished and equipped with all the amenities you need for a comfortable and hassle-free stay. Whether you're looking for a short-term home base for exploring the natural wonders of Alaska or a convenient place to stay for a business trip, Anchorage has you covered.

Compared to other major cities in the United States, Anchorage offers relatively affordable short-term rental options. While prices vary depending on the location, size, and quality of the rental, you'll find that most rentals offer good value for money. Short-term rentals are also a great way to save money on food and other expenses, as they typically come with a fully equipped kitchen, allowing you to cook your own meals and avoid dining out. With short term rentals in Anchorage, you can experience the beauty of Alaska without breaking the bank!

One bedroom apartment in city centre
1,220.59 $
One bedroom apartment outside of city centre
951.39 $
Three bedroom apartment in city centre
1,915.79 $
Three bedroom apartment outside of city centre
1,714.29 $