Albany, OR vs Anchorage, AK: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, Anchorage, AK is 3.3% more expensive than Albany, OR (BEA, 2024).
- To keep the same standard of living, $75,000 in Albany works out to about $77,400 in Anchorage, before taxes.
- Most of the difference is everyday costs rather than housing: goods are 2.0% higher and other services 3.0% higher in Anchorage, while housing is 8.8% higher.
- Typical asking rent is $1,890 a month in Anchorage and $1,635 in Albany, $3,060 a year more in Anchorage (Zillow, September 2026).
- A typical home is valued at about $425,000 in Anchorage and $408,000 in Albany.
- The gap is about where it was in 2019 (1.8%).
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Everyday costs, not housing, drive the gap between Albany and Anchorage
Price level by category, 2024. US average = 100.
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| All items | 102.1 | 105.4 |
| Goods | 105.3 | 107.3 |
| Housing (rents) | 101.1 | 109.9 |
| Utilities | 104.8 | 111.8 |
| Other services | 100.3 | 103.3 |
| Category | Albany | Anchorage | Anchorage vs Albany |
|---|---|---|---|
| All items | 102.1 | 105.4 | +3.3% |
| Goods | 105.3 | 107.3 | +2.0% |
| Housing (rents) | 101.1 | 109.9 | +8.8% |
| Utilities | 104.8 | 111.8 | +6.6% |
| Other services | 100.3 | 103.3 | +3.0% |
| Typical asking rent | $1,635 | $1,890 | +15.6% |
| Typical home value | $408,000 | $425,000 | +4.0% |
| Salary to match $75,000 in Albany | $75,000 | $77,400 | +3.3% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Albany and Anchorage has narrowed since 2008: 7.1 points then, 3.3 now
Overall price level each year, 2008–2024. US average = 100.
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| 2008 | 99.3 | 106.5 |
| 2009 | 100.0 | 111.8 |
| 2010 | 97.0 | 106.2 |
| 2011 | 96.2 | 106.7 |
| 2012 | 96.6 | 107.2 |
| 2013 | 96.9 | 106.4 |
| 2014 | 98.8 | 104.9 |
| 2015 | 98.7 | 105.7 |
| 2016 | 98.9 | 108.1 |
| 2017 | 98.8 | 107.8 |
| 2018 | 103.2 | 106.4 |
| 2019 | 103.0 | 104.8 |
| 2020 | 102.7 | 103.2 |
| 2021 | 101.9 | 106.8 |
| 2022 | 104.6 | 103.2 |
| 2023 | 104.7 | 106.8 |
| 2024 | 102.1 | 105.4 |
Goods
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| 2008 | 102.3 | 108.1 |
| 2009 | 100.4 | 109.9 |
| 2010 | 99.3 | 107.7 |
| 2011 | 98.3 | 106.9 |
| 2012 | 96.8 | 105.7 |
| 2013 | 95.9 | 104.2 |
| 2014 | 97.7 | 102.6 |
| 2015 | 103.4 | 105.6 |
| 2016 | 104.4 | 109.7 |
| 2017 | 101.2 | 111.0 |
| 2018 | 104.6 | 103.3 |
| 2019 | 104.5 | 98.9 |
| 2020 | 104.6 | 99.7 |
| 2021 | 106.5 | 109.1 |
| 2022 | 109.1 | 104.2 |
| 2023 | 104.8 | 104.5 |
| 2024 | 105.3 | 107.3 |
Housing (rents)
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| 2008 | 91.9 | 122.4 |
| 2009 | 104.6 | 148.4 |
| 2010 | 93.1 | 127.3 |
| 2011 | 86.6 | 127.1 |
| 2012 | 95.0 | 137.8 |
| 2013 | 93.5 | 147.3 |
| 2014 | 101.9 | 132.1 |
| 2015 | 91.4 | 135.6 |
| 2016 | 98.4 | 129.6 |
| 2017 | 93.1 | 126.1 |
| 2018 | 102.1 | 117.2 |
| 2019 | 104.9 | 116.0 |
| 2020 | 106.2 | 99.7 |
| 2021 | 101.3 | 113.7 |
| 2022 | 99.0 | 112.8 |
| 2023 | 108.6 | 120.8 |
| 2024 | 101.1 | 109.9 |
Utilities
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| 2008 | 72.7 | 86.8 |
| 2009 | 78.1 | 105.8 |
| 2010 | 83.9 | 103.7 |
| 2011 | 89.1 | 105.7 |
| 2012 | 87.7 | 111.9 |
| 2013 | 86.1 | 122.1 |
| 2014 | 87.7 | 109.5 |
| 2015 | 88.7 | 115.7 |
| 2016 | 94.0 | 119.5 |
| 2017 | 89.0 | 120.1 |
| 2018 | 92.3 | 126.9 |
| 2019 | 95.5 | 126.5 |
| 2020 | 95.2 | 123.4 |
| 2021 | 97.0 | 109.9 |
| 2022 | 88.7 | 100.7 |
| 2023 | 90.7 | 108.3 |
| 2024 | 104.8 | 111.8 |
Other services
- Albany, OR
- Anchorage, AK
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Albany, OR | Anchorage, AK | |
|---|---|---|
| 2008 | 102.2 | 103.1 |
| 2009 | 99.7 | 105.9 |
| 2010 | 97.9 | 100.9 |
| 2011 | 99.4 | 102.5 |
| 2012 | 97.6 | 101.5 |
| 2013 | 99.7 | 99.3 |
| 2014 | 99.1 | 100.5 |
| 2015 | 99.0 | 99.9 |
| 2016 | 96.0 | 102.5 |
| 2017 | 99.7 | 102.2 |
| 2018 | 103.4 | 105.0 |
| 2019 | 101.8 | 105.0 |
| 2020 | 100.4 | 105.6 |
| 2021 | 99.1 | 103.9 |
| 2022 | 104.5 | 100.8 |
| 2023 | 104.2 | 104.9 |
| 2024 | 100.3 | 103.3 |
Rent and home values
Typical asking rent: $1,890 in Anchorage vs $1,635 in Albany
Typical asking rent for a new lease, dollars per month. Quarterly.
- Albany, OR
- Anchorage, AK
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Albany, OR | Anchorage, AK | United States | |
|---|---|---|---|
| Mar 2015 | – | $1,291 | $1,145 |
| Jun 2015 | – | $1,298 | $1,170 |
| Sep 2015 | – | $1,294 | $1,181 |
| Dec 2015 | – | $1,290 | $1,182 |
| Mar 2016 | – | $1,286 | $1,195 |
| Jun 2016 | – | $1,287 | $1,219 |
| Sep 2016 | – | $1,272 | $1,225 |
| Dec 2016 | – | $1,255 | $1,222 |
| Mar 2017 | – | $1,262 | $1,245 |
| Jun 2017 | – | $1,277 | $1,270 |
| Sep 2017 | – | $1,263 | $1,276 |
| Dec 2017 | – | $1,249 | $1,275 |
| Mar 2018 | – | $1,255 | $1,296 |
| Jun 2018 | – | $1,288 | $1,320 |
| Sep 2018 | – | $1,283 | $1,327 |
| Dec 2018 | – | $1,264 | $1,329 |
| Mar 2019 | – | $1,278 | $1,349 |
| Jun 2019 | – | $1,295 | $1,376 |
| Sep 2019 | – | $1,300 | $1,383 |
| Dec 2019 | – | $1,280 | $1,381 |
| Mar 2020 | – | $1,301 | $1,402 |
| Jun 2020 | – | $1,310 | $1,406 |
| Sep 2020 | – | $1,330 | $1,410 |
| Dec 2020 | – | $1,346 | $1,407 |
| Mar 2021 | $1,206 | $1,339 | $1,443 |
| Jun 2021 | $1,239 | $1,386 | $1,512 |
| Sep 2021 | $1,319 | $1,443 | $1,590 |
| Dec 2021 | $1,338 | $1,436 | $1,622 |
| Mar 2022 | $1,413 | $1,478 | $1,661 |
| Jun 2022 | $1,439 | $1,540 | $1,721 |
| Sep 2022 | $1,493 | $1,584 | $1,748 |
| Dec 2022 | $1,508 | $1,578 | $1,735 |
| Mar 2023 | $1,523 | $1,601 | $1,757 |
| Jun 2023 | $1,537 | $1,655 | $1,785 |
| Sep 2023 | $1,550 | $1,683 | $1,797 |
| Dec 2023 | $1,548 | $1,670 | $1,786 |
| Mar 2024 | $1,559 | $1,687 | $1,807 |
| Jun 2024 | $1,567 | $1,730 | $1,837 |
| Sep 2024 | $1,599 | $1,751 | $1,845 |
| Dec 2024 | $1,591 | $1,729 | $1,836 |
| Mar 2025 | $1,603 | $1,766 | $1,860 |
| Jun 2025 | $1,615 | $1,790 | $1,880 |
| Sep 2025 | $1,619 | $1,819 | $1,881 |
| Dec 2025 | $1,621 | $1,811 | $1,873 |
| Mar 2026 | $1,639 | $1,826 | $1,894 |
| Jun 2026 | $1,640 | $1,863 | $1,921 |
| Sep 2026 | $1,635 | $1,890 | $1,932 |
Typical home value: $425,000 in Anchorage vs $408,000 in Albany
Typical home value, dollars. Quarterly.
- Albany, OR
- Anchorage, AK
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Albany, OR | Anchorage, AK | United States | |
|---|---|---|---|
| Mar 2015 | $169K | $287K | $189K |
| Jun 2015 | $173K | $290K | $192K |
| Sep 2015 | $178K | $294K | $195K |
| Dec 2015 | $184K | $298K | $199K |
| Mar 2016 | $187K | $297K | $202K |
| Jun 2016 | $193K | $299K | $204K |
| Sep 2016 | $199K | $299K | $206K |
| Dec 2016 | $204K | $299K | $209K |
| Mar 2017 | $209K | $298K | $213K |
| Jun 2017 | $216K | $297K | $216K |
| Sep 2017 | $223K | $299K | $219K |
| Dec 2017 | $230K | $300K | $223K |
| Mar 2018 | $237K | $301K | $227K |
| Jun 2018 | $244K | $300K | $230K |
| Sep 2018 | $250K | $301K | $234K |
| Dec 2018 | $255K | $300K | $236K |
| Mar 2019 | $260K | – | $239K |
| Jun 2019 | $265K | $321K | $242K |
| Sep 2019 | $268K | $324K | $244K |
| Dec 2019 | $271K | $329K | $247K |
| Mar 2020 | $278K | $331K | $252K |
| Jun 2020 | $283K | $327K | $255K |
| Sep 2020 | $290K | $328K | $260K |
| Dec 2020 | $305K | $333K | $271K |
| Mar 2021 | $323K | $335K | $282K |
| Jun 2021 | $340K | $340K | $296K |
| Sep 2021 | $353K | $350K | $306K |
| Dec 2021 | $361K | $354K | $314K |
| Mar 2022 | $378K | $360K | $330K |
| Jun 2022 | $396K | $369K | $346K |
| Sep 2022 | $392K | $371K | $348K |
| Dec 2022 | $386K | $370K | $345K |
| Mar 2023 | $383K | $372K | $343K |
| Jun 2023 | $388K | $378K | $347K |
| Sep 2023 | $392K | $382K | $352K |
| Dec 2023 | $392K | $380K | $354K |
| Mar 2024 | $396K | $383K | $357K |
| Jun 2024 | $401K | $385K | $361K |
| Sep 2024 | $403K | $387K | $361K |
| Dec 2024 | $406K | $392K | $363K |
| Mar 2025 | $409K | $395K | $364K |
| Jun 2025 | $407K | $395K | $362K |
| Sep 2025 | $407K | $402K | $362K |
| Dec 2025 | $409K | $410K | $364K |
| Mar 2026 | $411K | $415K | $366K |
| Jun 2026 | $408K | $420K | $365K |
| Sep 2026 | $408K | $425K | $366K |
More about each city
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.