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.
Median Household Income
$103,284
Annual · Census ACS
Median Gross Rent
$1,489
Per month · Census ACS
Median Home Value
$395,900
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,152
HUD Fair Market Rent
1BR Fair Market Rent
$1,243
HUD FMR
2BR Fair Market Rent
$1,631
HUD FMR
3BR Fair Market Rent
$2,268
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · 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
Average AQI
6.0
Source: EPA AirNow
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%
What is the cost of living index for Anchorage?
The cost of living index for Anchorage is not yet available in our database.
What is the median rent in Anchorage?
The median gross rent in Anchorage is $1,489 per month according to US Census ACS data.
What is the median household income in Anchorage?
The median household income in Anchorage is $103,284 per year.
What is the median home value in Anchorage?
The median home value in Anchorage is $395,900 based on the latest Census ACS survey.
How is the air quality in Anchorage?
Anchorage has an average Air Quality Index (AQI) of 6.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Anchorage?
Tax data for Alaska is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
