Alaska city profile

Living in Anchorage, Alaska

What it costs to live in Anchorage, and how it compares with other Alaska cities, in plain numbers.

Value score

61

2nd best value in Alaska

How much you get for what you pay, versus other Alaska cities.

Overall livability

84

1st overall in Alaska

Cost, safety, schools, jobs and quality of life combined.

Anchorage is home to about 292,545 people. A typical home runs $327,500 and a household earns around $88,900, a price-to-income ratio of 3.7. Among Alaska's cities, it ranks 2nd for value and 1st overall. For context, the typical Anchorage home is about 9% below the statewide median of $360,000 and local household income is about 5% above the statewide median of $84,900.

Anchorage at a glance

Median home price

$327,500

4th in AK of 5

Median rent

$1,350/mo

Median household income

$88,900

Home price to income

3.7x

Unemployment

5.4%

2nd in AK of 5

School rating

8/10

1st in AK of 5

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‹ See all top Alaska cities ranked  ยท  Alaska state profile ›

More Alaska cities: Badger, Fairbanks, Juneau city and, Knik-Fairview

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Alaska only. Updated 2026.