Cost of living in the Anchorage Metro Area
2 counties across AK. Population: 399,746.
Last updated May 22, 2026
Rent in the Anchorage Metro Area
Average rent across the Anchorage metro area, weighted by county population.
Source: HUD FMR + ACS (population-weighted metro average)
Income and earnings in the Anchorage Metro Area
Earnings data averaged across all 2 counties.
Source: ACS (population-weighted metro average)
Home values in the Anchorage Metro Area
Average home values and annual property tax across the metro.
Source: ACS (population-weighted metro average)
Energy costs in the Anchorage Metro Area
Residential electricity and natural gas estimates.
Source: EIA (state averages applied per county, weighted)
All 2 counties in the Anchorage Metro Area
The Anchorage metro area includes 2 counties. Sorted by population.
- Anchorage AK$3,288/moPop289,069 Rent$1,191/mo Income$98,152/yrAnchorage AK 289,069 $1,191/mo $98,152/yr $3,288/mo
- Matanuska-Susitna Borough AK$3,154/moPop110,677 Rent$1,055/mo Income$90,625/yrMatanuska-Susitna Borough AK 110,677 $1,055/mo $90,625/yr $3,154/mo
Compare counties in the Anchorage Metro Area
Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.
Open comparison toolFrequently asked questions about the Anchorage Metro Area
Common questions about cost of living in the metro area.
What is the cost of living in the Anchorage Metro Area?
The estimated average cost of living in the Anchorage metro area is approximately $3,251 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.
What is the average rent in the Anchorage Metro Area?
The average one-bedroom rent across the Anchorage metro area is $1,153 per month, based on HUD Fair Market Rent data weighted by county population.
What is the cheapest county in the Anchorage Metro Area?
Matanuska-Susitna Borough, AK is the most affordable county in the Anchorage metro area at approximately $3,154 per month for a single person.
What is the most expensive county in the Anchorage Metro Area?
Anchorage Municipality, AK is the most expensive county in the Anchorage metro area at approximately $3,288 per month for a single person.
How many counties are in the Anchorage Metro Area?
The Anchorage metro area covers 2 counties. The five largest by population are Anchorage, Matanuska-Susitna Borough.
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About this data
All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.