Cost of Living Analytics

Cost of Living / Anchorage, AK Metro

Cost of Living in Anchorage, AK Metro

Official metro name: Anchorage, AK Metro Area

Anchorage, AK Metro has a population of 399,335. Median household income is $93,016 and median rent is $1,375 per month. Rent is roughly 17.7% of median monthly income.

State: AKPopulation: 399,335Income: $93,016Rent: $1,375Affordability: Affordable (17.7%)
Median Household Income
$93,016
Annual (ACS median)
Median Rent
$1,375
Monthly (ACS median gross rent)
Rent as % of Income
17.7%
rent ÷ (income/12)
Cost Index
124
Simplified relative index

Is Anchorage, AK Metro expensive?

Based on median rent and income, Anchorage, AK Metro has a Affordable rent burden. Median rent is $1,375, which is about 17.7% of median monthly household income.

Average rent in Anchorage, AK Metro

Median rent (ACS) is $1,375 per month. (Neighborhoods vary widely.)

How much income do you need in Anchorage, AK Metro?

Median household income (ACS) is $93,016 per year. Housing costs take a bigger share of income when rent burden is high.

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.