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Cost of Living in Alaska

We track 2 metro areas in Alaska. The average of the 2 metros we track in Alaska is 104.3 on the BEA's overall price index — 4.3% above the US average of 100. Fairbanks, AK is the least expensive at 103.2, while Anchorage, AK is the most expensive at 105.4. Figures reflect 2024 data from the US Bureau of Economic Analysis.

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Metro areas in Alaska

MetroOverall RPPvs US avg
Anchorage, AK105.4+5.4%
Fairbanks, AK103.2+3.2%