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 |
Contents
How much do you need to live comfortably in Anchorage Alaska?
Generally, it’s essential to take home at least three times the cost of your monthly rent to live comfortably. As the median rent cost of a one-bedroom apartment in Anchorage is $1,095, the average resident would need to take home $3,285 before taxes to live comfortably in Alaska. That translates to $39,420 yearly.
Is it expensive to live in Anchorage AK?
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.
What is a livable wage in Anchorage Alaska?
Living Wage Calculation for Anchorage Municipality, Alaska
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.27 | $31.82 |
| Poverty Wage | $7.67 | $15.75 |
| Minimum Wage | $10.19 | $10.19 |
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 |
What is a good salary in Alaska?
Average Salary in Alaska
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $89,741 | $7,478 |
| 75th Percentile | $73,787 | $6,148 |
| Average | $69,750 | $5,812 |
| 25th Percentile | $49,357 | $4,113 |
Is moving to Alaska a good idea?
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.
What is a good salary in Anchorage?
– 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.
Are utilities expensive in Alaska?
Utilities. A 2017 cost of living study by the Anchorage Economic Development Corporation shows that overall monthly utility costs in Alaska are quite high. In fact, natural gas and electricity bills are 33% higher than the national average in Alaska.That’s just over $16 higher than the national average of $111.67.
How much is a Big Mac in Alaska?
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Anchorage, Alaska is $11. This average is based on 9 price points. It provides a decent estimate, but it is not yet reliable. Latest update: September 19, 2021.
Is Alaska expensive 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 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.
Is Employment good in Alaska?
Unemployment in Alaska is above the national average. The employment growth rate is slow, below one percent. All in all, recent economic growth has been slow.
Is Alaska more expensive than Hawaii?
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.
What is considered low income in Alaska?
Resident Low Income Licenses
| 2021 Poverty Guidelines for Alaska | |
|---|---|
| Persons in Family/Household | Family Gross Annual Income |
| 1 | $15,950 |
| 2 | $21,550 |
| 3 | $27,150 |
Can you live in Alaska without a job?
We do not recommend moving out of state alone, especially to Alaska, without having a job lined up. There are a lot of job opportunities available, but unless you have unlimited funds, having secure employment in place is a must before you make the move to Alaska.
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 |
What is the most common job in Alaska?
5 Popular Alaska Jobs
- Zoologists and wildlife biologists.
- Geological and petroleum technician.
- Airline pilots, copilots, and flight engineers.
- Material moving workers.
- Commercial pilots.
What is middle class in Alaska?
The middle class is usually defined as the group of earners in the center of the earning scale.
Popular Articles.
| State | Middle-class income | Median household income |
|---|---|---|
| Alaska | $63,873 | $75,463 |
| Connecticut | $63,375 | $78,833 |
| New Hampshire | $62,890 | $77,933 |
What is bad about Alaska?
As beautiful and unspoiled as it is, Alaska is a difficult place to dwell. The climate is harsh and the rigors of daily life can extol a heavy price. For some residents, the stress of Alaskan living boils over into violent encounters.
What are the cons of living in Alaska?
List of the Cons of Living in Alaska
- Alaska is a state which deals with numerous earthquakes each year.
- It can get extremely cold in Alaska, even during the summer months.
- There is a higher cost of living to consider before moving to the state.
- Fuel costs are much higher in Alaska.
