CostIndexUSA

Anchorage, AK vs Tacoma, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAK
Anchorage
105.4
overall index
$1,700/mo rent
WA
Tacoma
111.1
overall index
$2,175/mo rent

Anchorage is moderately cheaper than Tacoma — 5.4% lower overall cost of living.

To match an $80,000 salary in Anchorage, you would need $84,300 in Tacoma. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+37.7%
Anchorage
109.9
Tacoma
151.3
🛒 Groceries3.1%
Anchorage
107.3
Tacoma
104
🚗 Transportation+3.4%
Anchorage
108.5
Tacoma
112.2
🏥 Healthcare+3.4%
Anchorage
98.2
Tacoma
101.5
Utilities17.0%
Anchorage
111.8
Tacoma
92.8

Salary Equivalency Calculator

Enter your current salary in Anchorage to see what you'd need to earn in Tacoma to maintain the same purchasing power.

$
Equivalent salary in Tacoma, WA
$84,300
$4,300 more needed in Tacoma

Formula: salary × (111.1 ÷ 105.4) = salary × 1.0541. Based on BEA Regional Price Parities.

Housing Market

Anchorage, AK

Median Home Price
$403,000
Median Monthly Rent
$1,700
Housing Index
109.9
Price-to-Rent Ratio
19.8×

Tacoma, WA

Median Home Price
$730,000
Median Monthly Rent
$2,175
Housing Index
151.3
Price-to-Rent Ratio
28.0×

Tacoma has 37.7% higher housing costs compared to Anchorage.

Income & Job Market

Anchorage, AK

Median Household Income
$94,200
Per Capita Income
$53,700
Unemployment Rate
3.7%
Population
291,538
Top Industries
GovernmentMilitaryTourismHealthcareEnergy

Tacoma, WA

Median Household Income
$110,700
Per Capita Income
$63,100
Unemployment Rate
4.2%
Population
219,346
Top Industries
MilitaryManufacturingHealthcareLogisticsRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Anchorage, AK
4.6×income-to-rent ratio

78% of income left after rent (median)

Tacoma, WA
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.