Cost of Living: Anchorage, AK vs New orleans, LA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Anchorage New orleans
Housing Index 120.0 112.0
Median Home Price $395,000 $305,000
Average Rent (2 BR Apartment) $1800 $1500
Average Rent (2 BR House) $1920 $1600

Housing Comparison: Anchorage vs New orleans

  • In Anchorage, the median home price is higher at $395,000, while in New orleans it is $305,000.
  • Renting a two-bedroom apartment costs more in Anchorage at $1,800 than in New orleans at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Anchorage New orleans
Electricity Price $25.4 $11.42
Natural Gas Price $12.01 $19.48
Other Utilities $250 $250

Utilities Comparison: Anchorage vs New orleans

  • Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $11.42 in New orleans.
  • New orleans experiences higher natural gas costs at $19.48 per unit, with costs at $12.01 in Anchorage.
  • Utility expenses are equal in both Anchorage and New orleans averaging $250.