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 | New York | Difference |
|---|---|---|---|
| Median rent | $1,405/mo | $1,714/mo | 18.0% lower in A |
| Median home value | $363,800 | $732,100 | 50.3% lower in A |
| Median household income | $95,731 | $76,607 | 25.0% higher in A |
| Groceries index | 103.9 | 103.2 | 0.7% higher in A |
| Utilities index | 124.8 | 147.4 | 15.4% lower in A |
| Transportation index | 104.1 | 100.7 | 3.4% higher in A |
| Healthcare index | 103.4 | 99.9 | 3.4% higher 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 $110,231 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
Anchorage, AK is about 9.3% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 18% lower in Anchorage than in New York. If you earn $80,000 in Anchorage, you'd need about $88,185 in New York to keep the same standard of living.