City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Anchorage | Homestead | Difference |
|---|---|---|---|
| Median rent | $1,405/mo | $1,527/mo | 8.0% lower in A |
| Median home value | $363,800 | $316,200 | 15.1% higher in A |
| Median household income | $95,731 | $57,739 | 65.8% higher in A |
| Groceries index | 106.4 | 102.1 | 4.2% higher in A |
| Utilities index | 115.8 | 96.5 | 20.0% higher in A |
| Transportation index | 103.7 | 106.5 | 2.6% lower in A |
| Healthcare index | 103.6 | 104.8 | 1.2% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Anchorage, you'd need $112,079 in Homestead to maintain your standard of living.
Climate, safety, and demographics side by side.
Anchorage, AK is about 10.8% cheaper overall than Homestead, FL, based on our cost-of-living index. Housing costs are roughly 24% lower in Anchorage than in Homestead. If you earn $80,000 in Anchorage, you'd need about $89,663 in Homestead to keep the same standard of living.