Albuquerque is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Anchorage to live the same way.
🏠 Rent per month
$1,401
$1,651
🛏️ 2-bedroom rent
$1,284
$1,565
💵 Families earn per year
$73,680
$111,392
🔑 Buying a house
$291,500
$395,900
📊 Overall prices (U.S. = 100)
95.5
105.4
🏛️ Property tax per year
$2,678
$4,982
⚡ Electric bill per month
$94
$136
👥 People living there
562,218
288,976
Commute to work
22.4 min
18.8 min
College degree
39.2%
38.7%
Own their home
61.8%
63.9%
Below poverty line
15.5%
8.9%
Unemployment
5.4%
4.6%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Anchorage for higher incomes, shorter commutes, less poverty and 1 more.
Pay for the same job
| Job | Albuquerque | Anchorage | Difference |
|---|---|---|---|
| Police Officer | $73,380 | $115,020 | +57% in Anchorage |
| Firefighter | $42,420 | $64,810 | +53% in Anchorage |
| HVAC Technician | $57,110 | $85,620 | +50% in Anchorage |
| Plumber | $63,900 | $93,600 | +46% in Anchorage |
| Licensed Practical Nurse | $57,370 | $82,330 | +44% in Anchorage |
| Electrician | $59,120 | $82,440 | +39% in Anchorage |
| Dental Hygienist | $95,900 | $132,740 | +38% in Anchorage |
| Lawyer | $114,610 | $153,590 | +34% in Anchorage |
Frequently asked questions
Is Albuquerque or Anchorage cheaper to live in?
Albuquerque is about 10% cheaper overall. Rent is $1,401 a month there versus $1,651 in Anchorage.
What salary do I need in Anchorage to match $60,000 in Albuquerque?
About $66,201 a year gives the same standard of living in Anchorage.
Where do people earn more, Albuquerque or Anchorage?
The typical household earns $73,680 in Albuquerque and $111,392 in Anchorage, 34% more in Anchorage.