salaryAnchorage is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Miami to live the same way.
🏠 Rent per month
$1,651
$2,538
🛏️ 2-bedroom rent
$1,565
$1,983
💵 Families earn per year
$111,392
$67,365
🔑 Buying a house
$395,900
$518,100
📊 Overall prices (U.S. = 100)
105.4
114.2
🏛️ Property tax per year
$4,982
$4,586
⚡ Electric bill per month
$136
$133
👥 People living there
288,976
459,745
Commute to work
18.8 min
27.3 min
College degree
38.7%
37.4%
Own their home
63.9%
30.8%
Below poverty line
8.9%
19.4%
Unemployment
4.6%
5.2%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Anchorage | Miami | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $26,080 | $36,070 | +38% in Miami |
| Plumber | $93,600 | $57,760 | -38% in Miami |
| Dental Hygienist | $132,740 | $82,780 | -38% in Miami |
| HVAC Technician | $85,620 | $58,040 | -32% in Miami |
| Police Officer | $115,020 | $79,840 | -31% in Miami |
| Carpenter | $72,800 | $51,570 | -29% in Miami |
| Electrician | $82,440 | $58,630 | -29% in Miami |
| Software Developer | $104,030 | $132,650 | +28% in Miami |
Frequently asked questions
Is Anchorage or Miami cheaper to live in?
Anchorage is about 8% cheaper overall. Rent is $1,651 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Anchorage?
About $64,972 a year gives the same standard of living in Miami.
Where do people earn more, Anchorage or Miami?
The typical household earns $111,392 in Anchorage and $67,365 in Miami, 65% more in Anchorage.