Living Cost Compare
Anchorage

Alaska

$1,320/mo est.

vs
Seattle

Washington

$2,030/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,320 in Anchorage, AK versus $2,030 in Seattle, WA. Overall, Anchorage, AK is roughly 35% cheaper to live in day-to-day than Seattle, WA, driven mainly by rent.

Median household income is $98,152 in Anchorage, AK and $121,984 in Seattle, WA — about 20% higher in Seattle, WA. Alaska has no state income tax and no state sales tax; Washington has no state income tax and a 6.5% state sales tax.

Rent

Studio
$1,001
$1,638
+64% in Seattle, WA
1 Bedroom
$1,052
$1,858
+77% in Seattle, WA
2 Bedroom
$1,433
$2,359
+65% in Seattle, WA
3 Bedroom
$1,952
$2,918
+49% in Seattle, WA

Buying a Home

Median Home Value
$375,900
$912,100
+143% in Seattle, WA

Income

Median Household Income
$98,152
$121,984
+24% in Seattle, WA
Metro Median Wage (annual)
$60,200
$72,610
+21% in Seattle, WA

People & Lifestyle

Median Age
34.9 yr
35.5 yr
+0.6 yr in Seattle, WA
Homeownership
63.7%
44.2%
+19.5 pp in Anchorage, AK
Bachelor's+ (25+)
37.7%
67.5%
+29.8 pp in Seattle, WA
Avg Commute
19.0 min
26.6 min
+7.6 min in Seattle, WA

Crime (per 100k/yr)

Violent Crime
1,016.5
788.6
+22% in Anchorage, AK
Property Crime
2,796.2
5,108.8
+83% in Seattle, WA

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
37.4°F
53.5°F
+16.1°F in Seattle, WA
Annual Precipitation
17.9 in
37.7 in
+19.8 in in Seattle, WA

Gas

Regular Gasoline
$5.09/gal
$5.31/gal
+4% in Seattle, WA

Area: West Coast (PADD 5) vs Seattle.

Public Transit

Base Fare (one-way)
$2.75

Adult base one-way fare — vs King County Metro (2026).

Utilities

Electricity (¢/kWh)
28.2
14.9
+47% in Anchorage, AK
Natural Gas ($/MCF)
$14.40
$20.41
+42% in Seattle, WA

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.82
$4.82
about equal
Bread (lb)
$2.04
$2.04
about equal
Eggs (doz)
$2.19
$2.19
about equal
Ground Beef (lb)
$7.36
$7.36
about equal
Chicken (lb)
$2.01
$2.01
about equal
Bananas (lb)
$0.70
$0.70
about equal

Average prices — West vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (AK / WA)
None
6.5%
+6.5 pp in WA
Income Tax (top rate)
None
None
about equal

Anchorage vs Seattle — FAQ

Is it cheaper to live in Anchorage or Seattle?
Anchorage, AK is cheaper. Its monthly baseline of $1,320 (1BR rent + utilities) runs about 35% below Seattle, WA's $2,030, mainly because of rent.
How much more do you need to earn to live in Anchorage than in Seattle?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $42,000 a year in Anchorage versus $74,000 in Seattle.
Which has lower taxes, Anchorage or Seattle?
Anchorage is taxed under Alaska's rules (no state income tax and no state sales tax); Seattle under Washington's (no state income tax and a 6.5% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).