LifeCost Blog
Anchorage

Anchorage

USA

Updated on August 05, 2025

Overview

Alaska's largest city with approximately 283,000 residents, representing 40% of the state's population. Economic and cultural center of Alaska, known for its unique urban wildlife including 1,500 resident moose, black and brown bears, and eagles. Features Alaska's largest airport and the fourth busiest air cargo hub globally.

Average cost of living€2,341.20
Quality of Life70/100

Accommodation

Rent room (flat-share)€644.00
1-bed flat (center)€1,288.00
1-bed flat (outside)€1,012.00
3-bed flat (center)€2,208.00
3-bed flat (outside)€1,656.00

Utilities

Basic utilities€184.00
Internet€55.20
Mobile plan€32.00

Transportation

One-way ticket€1.72
Monthly pass€46.00
Taxi start€3.22
Gasoline (1 l)€0.86

Leisure

Cinema ticket€11.04
Fitness club€27.60

Education

Preschool (month)€920.00
Intl. primary (year)€11,040.00

Buying House

sqm in city center€2,760.00
sqm outside center€2,208.00

Advantages

  • Main economic center of Alaska with high average income
  • Unique urban wildlife including moose, bears, and eagles
  • Important transportation hub with international connections
  • Rich cultural offerings including Alaska Native Heritage Center
  • Spectacular landscapes between mountains and water
  • Low poverty rate (9.27%)

Disadvantages

  • × Declining population (-0.56% annually)
  • × Remote location with limited land access
  • × Long, dark winters
  • × High cost of living due to isolation
  • × Subarctic climate with extreme temperatures