Cost of Living: Anchorage, AK vs Suffolk, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Suffolk |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $395,000 | $323,900 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1920 | $1600 |
Housing Comparison: Anchorage vs Suffolk
- In Anchorage, the median home price is higher at $395,000, while in Suffolk it is $323,900.
- Renting a two-bedroom apartment costs more in Anchorage at $1,800 than in Suffolk 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 | Suffolk |
|---|---|---|
| Electricity Price | $25.4 | $15.31 |
| Natural Gas Price | $12.01 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Anchorage vs Suffolk
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $15.31 in Suffolk.
- Suffolk experiences higher natural gas costs at $19.91 per unit, with costs at $12.01 in Anchorage.
- Utility expenses are equal in both Anchorage and Suffolk averaging $250.