Cost of Living: Anchorage, AK vs Grand island, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Grand island |
|---|---|---|
| Housing Index | 120.0 | 90.5 |
| Median Home Price | $395,000 | $282,500 |
| Average Rent (2 BR Apartment) | $1800 | $930 |
| Average Rent (2 BR House) | $1920 | $960 |
Housing Comparison: Anchorage vs Grand island
- In Anchorage, the median home price is higher at $395,000, while in Grand island it is $282,500.
- In Grand island, the rental for a two-bedroom apartment stands at $930, while it is $1,800 in Anchorage.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anchorage | Grand island |
|---|---|---|
| Electricity Price | $25.4 | $12.92 |
| Natural Gas Price | $12.01 | $13.89 |
| Other Utilities | $250 | $210 |
Utilities Comparison: Anchorage vs Grand island
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $12.92 in Grand island.
- Grand island experiences higher natural gas costs at $13.89 per unit, with costs at $12.01 in Anchorage.
- Other utility costs are higher in Anchorage at an average of $250, compared to Grand island with $210.