Anchorage has a cost of living rating of 123.5, meaning that living here is about 23.5% more expensive than the national average, and Anchorage residents will pay about $123.50 for every $100 the average US city resident pays. There are a lot of factors that go into the cost of living in a particular city.
Contents
How expensive is it to live in Anchorage Alaska?
Anchorage cost of living is 123.5
| COST OF LIVING | Anchorage | Alaska |
|---|---|---|
| Housing | 144.6 | 134.3 |
| Median Home Cost | $341,100 | $293,400 |
| Utilities | 108.1 | 169.8 |
| Transportation | 104.6 | 98.2 |
How much money do you need to live comfortably in Alaska?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $26,962 | $63,668 |
| Annual taxes | $4,371 | $10,321 |
| Required annual income before taxes | $31,333 | $73,989 |
Is it worth it to live in Anchorage?
Anchorage offers plenty of enjoyable activities and a diverse culture.Housing costs in Anchorage are steeper than they are in some of the state’s other areas. However, you will enjoy a median income that is higher, better school systems, a better quality of life, and more moderate weather.
What is a good salary in Anchorage Alaska?
– The average income of a Anchorage resident is $36,508 a year. The US average is $28,555 a year. – The Median household income of a Anchorage resident is $78,121 a year.
Is it worth moving to Alaska?
Alaska has some of the best hunting and fishing anywhere in the world. If hunting and fishing are two of your favorite pastimes, you’ve come to the right place. Alaska offers some of the most unique hunting and fishing opportunities in the world.There’s plenty of fishing experiences to be had in Alaska as well.
Is Alaska cheap to live?
Alaska is one of the most expensive states to live in. Most of its cities and towns consistently have a cost of living that is more expensive than the national average.There are cities in Alaska that are affordable and still provide the lifestyle you crave.
What’s the minimum wage in Alaska?
$10.34
What is the minimum wage in Alaska? Alaska is one of 29 states with a minimum wage above the federal minimum wage of $7.25. The minimum wage in Alaska was $10.19 throughout 2020 and will increase to $10.34 on January 1, 2021. Notably, Alaska does not allow a tip credit against the state’s minimum wage.
Is Alaska or Hawaii more expensive?
When we compare the travel costs of actual travelers between Hawaii and Alaska, we can see that Hawaii is more expensive. And not only is Alaska much less expensive, but it is actually a significantly cheaper destination. So, traveling to Alaska would let you spend less money overall.
How much is a gallon of milk in Alaska?
Got milk? For many milk is a grocery staple. However, depending upon where you live, the cost can fluctuate dramatically. According to the USDA, the average gallon of whole milk is $3.59 a gallon.
Average Price Of Milk In Every State.
| State | Cost |
|---|---|
| Alaska | $3.78 |
| Arizona | $1.98 |
| Arkansas | $2.99 |
| California | $2.69 |
Is it depressing to live in Alaska?
Given its geographic place on the planet, winter in Alaska is not just cold, it is dark. Daylight in the northernmost regions is nonexistent for months at a time creating a physiological shift in mood and disposition. Sufferers of SAD often experience anxiety, malaise, and deep depression.
What is the racial makeup of Anchorage Alaska?
White: 62.60% Asian: 9.63% Two or more races: 9.48% Native American: 7.92%
What are the dangers of living in Alaska?
We know these things make living in Alaska somewhat difficult, but in our view, the Last Frontier is totally worth these inconveniences.
Here Are The 9 Biggest Risks Of Living In Alaska
- Moose Attack.
- Bear Charge.
- Bad Drivers.
- Walking on Ice.
- Freezing to Death.
- Tsunami Zone.
- Road Construction.
- Bad Cell Service.
What is Alaska’s minimum wage 2021?
$10.34
JUNEAU, Alaska — The Alaska minimum wage will increase from $10.19 to $10.34 effective Jan. 1, 2021. Voters passed a ballot initiative in 2014 to adjust the minimum wage annually for inflation. Alaska Statute 23.10.
Can I live in Alaska for free?
While it’s a common misconception that you can move there for free, you can get paid to live in Alaska. The Alaska Permanent Fund Dividend (PFD) takes the state’s oil wealth and shares an annual portion with all permanent residents (both children and adults).
What is the highest paying job in Alaska?
Head Of Security
Detailed List Of Highest Paying Jobs In Alaska
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Head Of Security | $271,562 |
| 2 | Consultant And Sales Representative | $245,731 |
| 3 | Senior Vice President, Engineering | $221,483 |
| 4 | Vice President, Field Operations | $215,552 |
Is Alaska always cold?
Alaska is cold, very cold.Alaska has the coldest winters, the coldest summers, the longest winter, the most freezing degree days, and on and on. Temperatures in the -30°s and -40°s are a near daily occurrence from November through March in the interior portion of the state. There is a very simple reason for this.
Is it fun living in Alaska?
The entirety of the state has a very laid-back feel to it, so if you love an easy-going flow, then Alaska is one of the best places for you to live. However, if you love the bustling pace of New York, you might go a little stir crazy in Anchorage. Come summer solstice, Anchorage gets 19.5 hours of sunlight in a day.
What is daily life like in Alaska?
Although few visitors still expect to find Alaskans living in igloos, many are surprised that daily life for most Alaskans is much like the Lower 48. Some Alaskans choose an isolated and independent life in backwoods homesteads. But most live in modern homes, drive cars, watch television, and shop in modern stores.
What should you avoid in Alaska?
20 Things Everyone In Alaska Should Avoid At All Costs
- Farmed seafood. Flickr – Judi Knight.
- Or buying fish in general.
- Even feeding your dogs farmed fish.
- Eating hot dogs.
- Camping without a view.
- Snacking on chips from the lower 48.
- Shopping at big corporate box stores.
- Drinking wine that isn’t from Alaska.
Do Alaskans have to pay taxes?
Alaska is the only state that does not collect state sales tax or levy an individual income tax.Some of its cities and other local jurisdictions, however, do collect sales tax revenue.
