Here's what it costs to live in Anchorage, Alaska, based on the latest US government data. Renters pay a median of $1,489 per month, while the typical home is valued around $395,900. Households earn a median of $103,284 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 6. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$103,284
Median Income / yr
Census ACS
$1,489
Median Rent / mo
Census ACS
$395,900
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,152
HUD · FY2024
1BR Fair Market Rent
$1,243
HUD · FY2024
2BR Fair Market Rent
$1,631
HUD · FY2024
3BR Fair Market Rent
$2,268
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
288,976
Latest estimate
Median Age
35.2 yrs
Census ACS
6.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
18
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,590
Per month
Avg Home Value
$376,471
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 99501 | — | $1,180 | $368,200 |
| ZIP 99502 | — | $1,520 | $391,900 |
| ZIP 99503 | — | $1,131 | $286,200 |
| ZIP 99504 | — | $1,431 | $299,500 |
| ZIP 99505 | — | $2,491 | — |
| ZIP 99506 | — | $1,928 | — |
| ZIP 99507 | — | $1,518 | $353,300 |
| ZIP 99508 | — | $1,283 | $301,900 |
| ZIP 99513 | — | — | — |
| ZIP 99515 | — | $1,698 | $381,200 |
Showing top 10 of 18 tracked neighborhoods.
January Avg
13°F
July Avg
61°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Cold/Alpine · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.3
poor
Hospitals
5
Doctors per 1,000
1.00
Insurance Coverage
90.1%
The cost of living index for Anchorage is not yet available.
The median gross rent in Anchorage is $1,489 per month according to US Census ACS data.
The median household income in Anchorage is $103,284 per year.
The median home value in Anchorage is $395,900 based on the latest Census ACS survey.
Anchorage has an average Air Quality Index (AQI) of 6.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Alaska is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
