S T SalaryCompareTool

New York, NY vs Anchorage, AK

Moving from New York to Anchorage? Here's what changes — from your equivalent salary to housing ($727,625 → $422,103 median home) and taxes.

New York, NY
Photo: Dllu via Commons · CC BY-SA 4.0
Anchorage, AK
Photo: Quintin Soloviev via Commons · CC BY 4.0

New York vs Anchorage at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

New York, NY Anchorage, AK Cost-of-living index New York, NY — Cost-of-living index: 113 113 Anchorage, AK — Cost-of-living index: 107 107 Median home price New York, NY — Median home price: $728k $728k Anchorage, AK — Median home price: $422k $422k Price per sqft New York, NY — Price per sqft: $455 $455 Anchorage, AK — Price per sqft: $235 $235 Median rent New York, NY — Median rent: $3,503 $3,503 Anchorage, AK — Median rent: $1,770 $1,770 Combined sales tax New York, NY — Combined sales tax: 8.5% 8.5% Anchorage, AK — Combined sales tax: 1.8% 1.8% Property tax rate New York, NY — Property tax rate: 1.74% 1.74% Anchorage, AK — Property tax rate: 1.24% 1.24% Violent crime /100k (state avg) New York, NY — Violent crime /100k (state avg): 350 350 Anchorage, AK — Violent crime /100k (state avg): 760 760 Electricity ¢/kWh New York, NY — Electricity ¢/kWh: 29.4 29.4 Anchorage, AK — Electricity ¢/kWh: 27.4 27.4 Avg commute (min) New York, NY — Avg commute (min): 36 36 Anchorage, AK — Avg commute (min): 23 23 Avg summer high °F New York, NY — Avg summer high °F: 83° 83° Anchorage, AK — Avg summer high °F: 65° 65° Avg winter low °F New York, NY — Avg winter low °F: 16° 16° Anchorage, AK — Avg winter low °F: 5°

To keep the same standard of living as $100,000 in New York, NY, you'd need about $67,351 in Anchorage, AK (−$32,649).

Livability — New York, NY: 43 · Anchorage, AK: 49 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,099 sqft in New York vs 2,132 sqft in Anchorage ($455 vs $235 per sqft).

Annual cost breakdown (at $100,000)

CategoryNew York, NYAnchorage, AKDifference
Housing $42,036 $21,240 −$20,796
Groceries $5,415 $5,224 −$191
Transportation $3,895 $3,350 −$545
Utilities $6,312 $7,056 +$744
Insurance $180 $180 +$0
Taxes $12,290 $637 −$11,653
Total $70,127 $37,687 −$32,441

Effective state & local tax rate on $100,000 — New York, NY: 12.3% · Anchorage, AK: 0.6% (income + local + sales + property tax where applicable ÷ income)

Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.

Side by side

MetricNew York, NYAnchorage, AK
Cost-of-living index112.6106.8
Unemployment rate6.55%5.62%
Population growth (5-yr)-1.4%-0.0%
Air quality (median AQI)5226
Big Mac price (est.)$6.41$6.08
Median home price$727,625$422,103
Home price ÷ income7.8×4.5×
1-yr home appreciation4.1%5.7%
Price per square foot$455$235
Median rent$3,503$1,770
Total tax burden (state avg, Tax Foundation)15.9%4.6%
Combined sales tax8.52%1.82%
Capital gains tax10.90%None
Property tax rate1.74%1.24%
Life expectancy at birth80.3 yrs76.3 yrs
Healthcare (annual)$7,800$9,500
Uninsured (share of residents)6.9%12.8%
Primary care providers / 100k8497
Childcare (annual, infant)$17,000$12,000
Vehicle property taxNoneNone
Days per year ≥ 90°F120
Days per year ≥ 100°F00
Homes with air conditioning (state)88%7%
Avg commute (min)3623
Commute by driving alone45.5%71.4%
Home insurance / yr$1,600$1,000
Auto insurance / yr$2,100$1,300
FEMA risk index (0–100, higher = more risk)96.8 — Relatively High96.3 — Relatively High
Flood insurance / yr$800$650
Earthquake insurance / yr$100$800
Electricity ¢/kWh29.427.4
Gas $/gal3.453.90
Natural gas / mo$98$68
Water & sewer / mo$87$164
Home internet / mo$76$110
Violent crime /100k (state avg)350760
Avg summer high °F8365
Avg winter low °F165
Annual precipitation (in)49.516.6
Annual snowfall (in)29.874.0
Sunshine (% possible)58%41%
Permit difficulty (1–5)52

Ad · affiliate links

Find a job in New York or Anchorage

Openings in each metro, so you can check what your salary actually looks like before you move.