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Anchorage cost of living is 123.5 COST OF LIVING Anchorage Alaska Grocery 122.3 141.7 Health 111.8 113 Housing 144.6 134.3 Median Home Cost $341,100 $293,400.
Is it expensive to live in Anchorage?
Anchorage has a cost of living rating of 123.5, meaning that living here is about 23.5% more expensive than the national average, and Anchorage residents will pay about $123.50 for every $100 the average US city resident pays. There are a lot of factors that go into the cost of living in a particular city.
How much money do you need to live comfortably in Alaska?
Generally, it’s essential to take home at least three times the cost of your monthly rent to live comfortably. As the median rent cost of a one-bedroom apartment in Anchorage is $1,148, the average resident would need to take home $3,827 before taxes to live comfortably in Alaska. That translates to $45,920 yearly.
What is the cheapest place to live in Alaska?
King Cove is possibly the cheapest place to live in Alaska, with a cost of living of just over 4.1% over the national average. In fact, the cost of living here is well below the Alaskan average — 12% lower, to be exact.
Is Anchorage a cheap place to live?
It’s no secret that Anchorage’s cost of living is high compared to some cities in the Lower 48, but there’s plenty of housing. Here are five tips for finding an inexpensive place to call home while you work a season in Anchorage.
What’s the minimum wage in Alaska?
Alaska’s state minimum wage rate is $10.34 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.
What is a good salary in Anchorage?
– The average income of a Anchorage resident is $36,508 a year. The US average is $28,555 a year. – The Median household income of a Anchorage resident is $78,121 a year. The US average is $53,482 a year.
Is moving to Alaska a good idea?
Alaska has some of the best hunting and fishing anywhere in the world. If hunting and fishing are two of your favorite pastimes, you’ve come to the right place. Alaska offers some of the most unique hunting and fishing opportunities in the world. There’s plenty of fishing experiences to be had in Alaska as well.
What jobs are in high demand in Alaska?
Detailed List Of The Fastest Growing Jobs In Alaska Rank Job Title Growth % 1 Dental Assistant 121.0% 2 Medical Assistant 119.4% 3 Personal Care Assistant 117.1% 4 Pedicab Driver 113.8%.
Is food expensive in Alaska?
As a result, food prices in Alaska are high. In Anchorage, the recommended minimum amount of money spent on food for one person is $451.71, according to Numbeo.com data from April 2019. Compare this to the national average of $323.72, and you can see how food can get pricey in the northernmost state.
What should you avoid in Alaska?
With that being said, you gotta check out these 20 things that everyone in Alaska should avoid at all costs. Farmed seafood. Or buying fish in general. Even feeding your dogs farmed fish. Eating hot dogs. Camping without a view. Snacking on chips from the lower 48. Shopping at big corporate box stores.
Can you live in Alaska without a job?
We do not recommend moving out of state alone, especially to Alaska, without having a job lined up. There are a lot of job opportunities available, but unless you have unlimited funds, having secure employment in place is a must before you make the move to Alaska.
What is the most affordable city in Alaska?
1. Juneau. Only accessible by boat or plane, Alaska’s capital city is also the most affordable place to live in the entire state. A lot of Juneau’s economy comes from the state and federal jobs sector.
Do you get paid to move to Alaska?
The state of Alaska developed the Permanent Fund Dividend in 1976 and started paying money out to residents of Alaska in 1980. This essentially pays people to permanently live there. It is an annual payment. The amount varies every year but in 2015, 637,014 residents got $2,072 each.
How is life in Anchorage Alaska?
Living in Anchorage, Alaska has many pros like no sales tax or state income tax. Also, Anchorage is close to hunting and fishing areas and has a lot of cultural activities, including art galleries. Alternatively, you can expect harsh winter weather, plus a high cost of living and homeownership, and a high crime rate.
Is it easy to move to Alaska?
In other words, for many people Alaska is the happiest place in the country, and previously ranked among the five happiest states from 2009 to 2011. Moving to Alaska will be easy. If you do decide to make Alaska your home, you need to plan your move carefully.
What is the warmest it gets in Alaska?
Fort Yukon holds the state’s high temperature record: 100° F in June 1915! Fairbanks often has summer temperatures in the 80s and occasionally gets up into the 90s.
Is Alaska a good state to retire?
Luckily, Alaska is very tax friendly towards retirees and has no estate tax so you shouldn’t worry too much about taxes wrecking your savings. While such amenities aren’t always plentiful in some of Alaska’s smaller towns, they are worth considering as you choose which town to retire in.
Does Alaska pay double time?
Overtime Regulations Alaska requires daily overtime pay. An employee is entitled to 1 ½ times their regular rate of pay for all hours worked over 8 per day or 40 per week.
