Paradise is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need 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
- Pick Anchorage for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Paradise for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Anchorage | Paradise | Difference |
|---|---|---|---|
| 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.