Cost of Living

Increased population, technological advances and greater focus on Alaska's strategic global location have made it possible for the state to obtain goods from national and international markets at reduced costs.  Alaska remains more expensive than most of the United States by the gap continues to narrow.

The Consumer Price Index (CPI), often referred to as the inflation rate, is the principal measure for cost-of-living.  The CPI is used by landlords, workers, unions and employers to adjust rents and salaries, among other things.  The 2006 Consumer Price Index for Anchorage is 177.3. Anchorage enjoys the lowest food costs in the state; average weekly food costs for a family of four in Anchorage is $121.50.

*Information courtesy of Anchorage Chamber of Commerce.