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Cost of living in Anchorage, AK vs US average (2024)

Quick answer

Prices in Anchorage, AK were 5.4% above the US average in 2024 (Regional Price Parity 105.4, US = 100), with a housing-rent index of 109.9, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items105.420
Goods107.340
Housing (rents)109.905
Utilities111.772
Other services103.342
— All items by year —
2024105.420
2023106.771
2022103.162
2021106.790
2020103.187
2019104.802

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Last updated 2026-10-16. Data only, not financial or tax advice.

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