CostIndexUSA

Anchorage, AK vs Trenton, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

AK
Anchorage
105.4
overall index
$1,700/mo rent
More AffordableNJ
Trenton
103.2
overall index
$2,450/mo rent

Trenton is slightly cheaper than Anchorage — 2.1% lower overall cost of living.

To match an $80,000 salary in Anchorage, you would need $78,300 in Trenton. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+22.9%
Anchorage
109.9
Trenton
135.1
🛒 Groceries7.0%
Anchorage
107.3
Trenton
99.8
🚗 Transportation5.3%
Anchorage
108.5
Trenton
102.8
🏥 Healthcare5.3%
Anchorage
98.2
Trenton
93
Utilities≈ Equal
Anchorage
111.8
Trenton
112.3

Salary Equivalency Calculator

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

$
Equivalent salary in Trenton, NJ
$78,300
$1,700 less needed in Trenton

Formula: salary × (103.2 ÷ 105.4) = salary × 0.9791. 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×

Trenton, NJ

Median Home Price
$434,000
Median Monthly Rent
$2,450
Housing Index
135.1
Price-to-Rent Ratio
14.8×

Trenton has 22.9% 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

Trenton, NJ

Median Household Income
$96,200
Per Capita Income
$54,800
Unemployment Rate
5.9%
Population
90,871
Top Industries
GovernmentHealthcareFinanceManufacturingEducation

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)

Trenton, NJ
3.3×income-to-rent ratio

69% 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.