Cost of Living: Anchorage, AK vs Star city, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Star city |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $395,000 | $134,000 |
| Average Rent (2 BR Apartment) | $1800 | $1100 |
| Average Rent (2 BR House) | $1920 | $1080 |
Housing Comparison: Anchorage vs Star city
- In Anchorage, the median home price is higher at $395,000, while in Star city it is $134,000.
- Renting a two-bedroom apartment costs more in Anchorage at $1,800 than in Star city at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anchorage | Star city |
|---|---|---|
| Electricity Price | $25.4 | $12.36 |
| Natural Gas Price | $12.01 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Anchorage vs Star city
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $12.36 in Star city.
- Star city experiences higher natural gas costs at $17.08 per unit, with costs at $12.01 in Anchorage.
- Utility expenses are equal in both Anchorage and Star city averaging $250.