Mid-Size City291,247 people

Anchorage municipality, AK

Discover how far your salary goes in Anchorage municipality. Compare taxes, rent, and living costs.

Cost Index
155
💰 Expensive
Population

291,247

State Tax

None! 🎉

1BR Rent

$2,093

/month

vs National

+50%

above avg

How far would your salary go in Anchorage municipality?

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Rent Prices in Anchorage municipality

🏠

Studio

$1,674

/month

$20,088/year

Most Common
🛏️

1 Bedroom

$2,093

/month

$25,116/year

🏡

2 Bedroom

$2,826

/month

$33,912/year

🏘️

3 Bedroom

$3,663

/month

$43,956/year

Taxes in Alaska

State Income Tax

Alaska

0%
🎉

No State Income Tax!

Alaska doesn't tax wages—keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Anchorage municipality, AK?

Anchorage municipality has a cost of living index of 155, which is 55% above the national average. A 1-bedroom apartment costs around $2,093/month.

What is the state income tax in Alaska?

Alaska has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Anchorage municipality?

The median rent for a 1-bedroom apartment in Anchorage municipality is $2,093/month. For a 2-bedroom, expect to pay around $2,826/month. This is 50% above the national average.

Is Anchorage municipality a good place to live?

Anchorage municipality is a mid-size city with a population of 291,247. The cost of living is expensive, making it more expensive than average for the US. A major advantage is zero state income tax.

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