AK metros
Cost of living across major AK metropolitan areas.
What living in AK costs
Across the 1 AK metro we track, the typical cost-of-living index is 106.8 against a national metro median of 95.7 — about 12% pricier than the typical US metro. That ranks AK 45 of the 48 states we cover, counting from the cheapest.
A typical AK home costs $422,103, or about 4.5× median household income, and typical rent is $1,770/mo.
Taxes in AK
AK levies no state income tax, so the trade-off usually shows up in property and sales tax instead. Effective property tax runs about 1.2% of home value in a typical AK metro, and combined state and local sales tax is around 1.8%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Anchorage, AK | 106.8 | $422,103 | $1,770 |
Cities & towns in AK (3)
Local property tax, home values and school scores for each place.