Los Angeles, CA vs Anchorage, AK
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Anchorage runs $376,000 versus $880,000 in Los Angeles, a 57% gap that dominates most relocation math. Anchorage also has no state income tax, while the other state tops out at 13.3% — a meaningful annual difference at higher income levels.
Median Home Value
$879,500
$375,900 ✓
Zillow Home Value
$941,985
$405,600
Median Gross Rent
$1,879/mo
$1,453/mo ✓
Owner Occupied %
36.3%
63.7%
Price-to-Rent Ratio
39.0x
21.6x
Median Household Income
$80,366
$98,152 ✓
Per Capita Income
$46,270
$49,338
Unemployment Rate
7.9%
4.6% ✓
Poverty Rate
16.6%
9.3%
Avg Commute (min)
34.1 min
20.5 min
Drove Alone %
61.4%
71.0%
Public Transit %
6.7%
1.4%
Work From Home %
17.3%
9.6%
State Income Tax
13.3%
None
Total Sales Tax
8.7%
1.8% ✓
Property Tax Rate
0.7%
1.0%
Bachelor's Degree %
24.5%
23.4%
Median Age
36.9
34.9
Avg High Temp
70.4°F
—
Annual Precipitation
13.4"
18.9"
Los Angeles, CA 0 wins
Anchorage, AK 5 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
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