Calculate using real Anchorage data. Median home price: $350,000. Property tax rate: 1.19%.
Anchorage, AK has a cost of living index of 125, where 100 represents the national average. This means living in Anchorage is 25% more expensive the national average.
The median household income in Anchorage, AK is $80,124. Combined with a cost of living index of 125, this provides a picture of purchasing power in the area.
The median home price in Anchorage, AK is $350,000 with a property tax rate of 1.19%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $2,267.