Cost of Living: Anchorage, AK vs Northbrook, IL

Housing

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

Metric Anchorage Northbrook
Housing Index 120.0 110.0
Median Home Price $395,000 $494,000
Average Rent (2 BR Apartment) $1800 $2200
Average Rent (2 BR House) $1920 $2240

Housing Comparison: Anchorage vs Northbrook

  • The median home price in Northbrook is higher at $494,000, compared to $395,000 in Anchorage.
  • In Northbrook, the rental for a two-bedroom apartment stands at $2,200, 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 Northbrook
Electricity Price $25.4 $16.15
Natural Gas Price $12.01 $16.59
Other Utilities $250 $250

Utilities Comparison: Anchorage vs Northbrook

  • Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $16.15 in Northbrook.
  • Northbrook experiences higher natural gas costs at $16.59 per unit, with costs at $12.01 in Anchorage.
  • Utility expenses are equal in both Anchorage and Northbrook averaging $250.