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Anchorage vs Paradise: which is cheaper?

Paradise is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $57,038 in Paradise to live the same way.

🏠 Rent per month
$1,651
$1,532
🛏️ 2-bedroom rent
$1,565
$1,510
💵 Families earn per year
$111,392
$63,836
🔑 Buying a house
$395,900
$384,200
📊 Overall prices (U.S. = 100)
105.4
100.2
🏛️ Property tax per year
$4,982
$1,553
⚡ Electric bill per month
$136
$142
👥 People living there
288,976
185,913
Commute to work
18.8 min
23.2 min
College degree
38.7%
24.1%
Own their home
63.9%
41.9%
Below poverty line
8.9%
17.6%
Unemployment
4.6%
9.8%

Bottom line

Pay for the same job

JobAnchorageParadiseDifference
Plumber$93,600$59,700-36% in Paradise
Police Officer$115,020$77,750-32% in Paradise
HVAC Technician$85,620$60,240-30% in Paradise
Software Developer$104,030$129,940+25% in Paradise
Cashier$36,350$29,360-19% in Paradise
Operations Manager$120,030$97,290-19% in Paradise
Elementary School Teacher$79,270$65,040-18% in Paradise
Dental Hygienist$132,740$109,210-18% in Paradise

Frequently asked questions

Is Anchorage or Paradise cheaper to live in?

Paradise is about 5% cheaper overall. Rent is $1,532 a month there versus $1,651 in Anchorage.

What salary do I need in Paradise to match $60,000 in Anchorage?

About $57,038 a year gives the same standard of living in Paradise.

Where do people earn more, Anchorage or Paradise?

The typical household earns $111,392 in Anchorage and $63,836 in Paradise, 74% more in Anchorage.

More comparisons

All Anchorage comparisons → · All Paradise comparisons →

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