Cost of Living in Anchorage, AK - Updated Prices & Insights

95.5

Solo nomad: Estimated monthly costs are $1,359 (excluding rent), and $2,915 including rent.

Family of 3: Estimated monthly costs are $3,260 (excluding rent), and $5,687 including rent.

Meal at Budget Restaurant

$24.84 $24.84

$14.9 $14.9

$39.74 $39.74

Three-Course Dinner for Two, Mid-Range

$98.2 $98.2

$78.6 $78.6

$169 $169

Fast Food Meal (McDonalds, etc)

$13.15 $13.15

$10.62 $10.62

$15.17 $15.17

Cappuccino

$5.25 $5.25

$3.91 $3.91

$8.79 $8.79

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.7 $2.7

$2.06 $2.06

$5.15 $5.15

Water (0.33 liter bottle)

$2.7 $2.7

$1.96 $1.96

$3.94 $3.94

Local Beer (0.5 liter draught)

$7.82 $7.82

$4.89 $4.89

$9.78 $9.78

Imported Beer (0.33 liter bottle)

$7.59 $7.59

$6.07 $6.07

$14.17 $14.17

Milk (1 liter)

$1.06 $1.06

$0.77 $0.77

$1.49 $1.49

White Bread (500g)

$3.97 $3.97

$3 $3

$4.96 $4.96

Rice (white) (1kg)

$4.45 $4.45

$1.97 $1.97

$5.52 $5.52

Eggs

$3.48 $3.48

$2.05 $2.05

$5.98 $5.98

Local Cheese (1kg)

$12.58 $12.58

$8.97 $8.97

$15.73 $15.73

Chicken Fillets (1kg)

$12.85 $12.85

$6.64 $6.64

$35.53 $35.53

Beef Round Steak (1kg)

$20.98 $20.98

$7.79 $7.79

$35.44 $35.44

Apples (1kg)

$7.57 $7.57

$5.4 $5.4

$14.95 $14.95

Banana (1kg)

$1.95 $1.95

$1.91 $1.91

$3.92 $3.92

Oranges (1kg)

$6.59 $6.59

$4.46 $4.46

$8.51 $8.51

Tomato (1kg)

$7.21 $7.21

$5.11 $5.11

$8.91 $8.91

Potato (1kg)

$2.36 $2.36

$1.27 $1.27

$3.21 $3.21

Onion (1kg)

$2.84 $2.84

$1.3 $1.3

$4.75 $4.75

Lettuce (1 head)

$2.83 $2.83

$2.35 $2.35

$3.08 $3.08

Water (1.5 liter bottle)

$2.18 $2.18

$1.47 $1.47

$2.93 $2.93

Cigarettes 20 Pack (Marlboro, Camel)

$11.72 $11.72

$11.11 $11.11

$12.97 $12.97

Wine (Bottle)

$16.11 $16.11

$15.11 $15.11

$18.13 $18.13

Local Beer (0.5 liter bottle)

$1.68 $1.68

$1.25 $1.25

$1.68 $1.68

Imported Beer (0.33 liter bottle)

$3.83 $3.83

$2.15 $2.15

$4.22 $4.22

One-way Ticket (Public Transport)

$1.98 $1.98

Public Transport Monthly Pass (Regular Price)

$59.1 $59.1

Taxi Start (Normal Tariff)

$2.81 $2.81

Taxi (Normal Tariff) (1km)

$1.66 $1.66

Taxi 1hour Waiting (Normal Tariff)

$37.72 $37.72

Gasoline (1 liter)

$1.06 $1.06

$0.94 $0.94

$1.24 $1.24

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.2K $34.2K

$35.5K $35.5K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.9K $25.9K

$25.5K $25.5K

$26.7K $26.7K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$291 $291

$200 $200

$525 $525

SIM Card Monthly Plan (Calls and 10GB+ Data)

$52.5 $52.5

$42.32 $42.32

$98.4 $98.4

Internet (50+ Mbps, Unlimited Data)

$128 $128

$89.1 $89.1

$187 $187

Gym Membership (Monthly)

$83.2 $83.2

$61.1 $61.1

$112 $112

Tennis Court (1 Hour on Weekend)

$39.29 $39.29

Cinema Ticket

$13.39 $13.39

$11.9 $11.9

$17.35 $17.35

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$944 $944

$908 $908

$981 $981

International Primary School, 1 Child (Yearly)

$10.4K $10.4K

Jeans (Levis 501 Or Similar)

$49.44 $49.44

$30.27 $30.27

$60.5 $60.5

Summer Dress (H&M, Zara, etc)

$44.89 $44.89

$64.8 $64.8

Sport Shoes (Adidas, Nike)

$99.7 $99.7

$69.5 $69.5

$124 $124

Men's Leather Business Shoes

$122 $122

$45.61 $45.61

$203 $203

1-bedroom Apartment, City Center (Monthly)

$1,478 $1,478

$1,226 $1,226

$1,841 $1,841

1-bedroom Apartment, Outside City Center (Monthly)

$1,231 $1,231

$1,010 $1,010

$1,515 $1,515

3-bedroom Apartment, City Center (Monthly)

$2,485 $2,485

$1,663 $1,663

$3,019 $3,019

3-bedroom Apartment, Outside City Center (Monthly)

$2,172 $2,172

$1,679 $1,679

$2,469 $2,469

Buy Apartment in City Center (m2)

$2,635 $2,635

$2,608 $2,608

$3,167 $3,167

Buy Apartment Outside City Center (m2)

$2,572 $2,572

$2,471 $2,471

$2,697 $2,697

Average Monthly Net Salary (After Tax)

$4,408 $4,408

20-Year Fixed Mortgage Interest Rate (Annual %)

6.46

6.19

6.8

Citycost data is based on AI and user input – minor inaccuracies may occur.

City tags:

🌎 North america

Cost of Living in Anchorage, AK - Frequently Asked Questions

Anchorage offers a mix of affordability and premium features. When comparing Cost of Living in Anchorage, AK, United States to other metros, you may find housing and energy costs higher in some neighborhoods, while you gain easy access to nature, short commutes, and a strong community feel. The city provides furnished rentals and flexible leases suitable for travelers, expats, and digital nomads. Food options range from local seafood markets to international groceries, with a pragmatic balance of price and quality. Seasonality shapes budgeting, with winter heating needs and summer outdoor priorities. Tip: Map neighborhoods by access to services and transit to maximize value.

Daily life in Anchorage blends outdoor access with practical urban routines. For housing, target neighborhoods near services – Midtown, Downtown, or Southside – and expect a dynamic rental market with shorter terms suitable for travelers and expats. Food options cover fresh local seafood, farmers markets in season, and larger grocery stores with familiar brands. Transportation favors a car for flexible travel, though public options, bike routes, and seasonal shuttles add convenience in town. If you work remotely, look for a co-working space or coffee shop with reliable Wi‑Fi and quiet corners. Anchorage, AK, United States living cost is a useful frame to compare rent, groceries, and utilities as you plan your budget. Tip: Try a short-term stay first to test commute times and access to amenities.

Quality of life in Anchorage comes from neighborhood fit and a clear budgeting approach. Start with a simple framework – housing, utilities, groceries, and leisure – and use a three-month view to smooth seasonal changes. Choose neighborhoods with parks, easy access to trails, and proximity to services; consider shared housing or flexible leases to cut costs. Practical savings come from cooking at home, shopping seasonal produce, and planning weekend getaways within the region rather than far trips. The seasonal rhythm encourages outdoor activities in milder months and creative indoor options in winter. Tip: Build a flexible monthly plan and adjust as you experience the seasons.