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Anchorage vs Salt Lake City: which is cheaper?

Salt Lake City is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $57,409 in Salt Lake City to live the same way.

🏠 Rent per month
$1,651
$1,608
🛏️ 2-bedroom rent
$1,565
$1,657
💵 Families earn per year
$111,392
$80,985
🔑 Buying a house
$395,900
$539,500
📊 Overall prices (U.S. = 100)
105.4
100.9
🏛️ Property tax per year
$4,982
$2,729
⚡ Electric bill per month
$136
$77
👥 People living there
288,976
208,007
Commute to work
18.8 min
19.5 min
College degree
38.7%
51.5%
Own their home
63.9%
45.8%
Below poverty line
8.9%
13.6%
Unemployment
4.6%
4.2%

Bottom line

Pay for the same job

JobAnchorageSalt Lake CityDifference
Plumber$93,600$64,800-31% in Salt Lake City
Police Officer$115,020$80,970-30% in Salt Lake City
HVAC Technician$85,620$60,790-29% in Salt Lake City
Dental Hygienist$132,740$94,330-29% in Salt Lake City
Registered Nurse$115,290$85,890-26% in Salt Lake City
Software Developer$104,030$129,600+25% in Salt Lake City
Electrician$82,440$62,620-24% in Salt Lake City
Server (Waiter/Waitress)$26,080$32,320+24% in Salt Lake City

Frequently asked questions

Is Anchorage or Salt Lake City cheaper to live in?

Salt Lake City is about 4% cheaper overall. Rent is $1,608 a month there versus $1,651 in Anchorage.

What salary do I need in Salt Lake City to match $60,000 in Anchorage?

About $57,409 a year gives the same standard of living in Salt Lake City.

Where do people earn more, Anchorage or Salt Lake City?

The typical household earns $111,392 in Anchorage and $80,985 in Salt Lake City, 38% more in Anchorage.

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