Cost of Living in Anchorage Municipality, AK

Modeled annual cost: $54,848.

Median family income: $119,109.

Affordability Snapshot

AK County Median

$56,721

State Rank

21thMost expensive counties in AK out of 28See Alaska county rankings

Median Income

$119,109

Location Type

Metro

Biggest category:

Transport is the biggest expense in Anchorage Municipality, AK.

$13,252 per year.

Cost breakdown

Total

$54,848

Per year

  • Transport:$13,252
  • Housing:$13,068
  • Taxes:$9,021
  • Healthcare:$8,720
  • Other Costs:$5,651
  • Food:$5,135
  • Childcare:$0

* Percentages may not add up to 100% due to rounding.

See how Anchorage Municipality, AK compares across the country.

Explore our cost of living interactive map to compare Anchorage Municipality, AK with multiple counties in the United States.

How WatchPennies calculates salary needed
Cost of Living in Anchorage Municipality, AK (2026)