Cost of Living: Somersworth, NH vs Anchorage, AK

Housing

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

Metric Somersworth Anchorage
Housing Index 115.0 120.0
Median Home Price $303,000 $395,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1920

Housing Comparison: Somersworth vs Anchorage

  • The median home price in Anchorage is higher at $395,000, compared to $303,000 in Somersworth.
  • The rent for a two-bedroom apartment is equal in both Somersworth and Anchorage at $1,800.

Utilities

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

Metric Somersworth Anchorage
Electricity Price $22.44 $25.4
Natural Gas Price $17.58 $12.01
Other Utilities $250 $250

Utilities Comparison: Somersworth vs Anchorage

  • Anchorage has higher electricity costs at $25.4 per kWh, versus $22.44 in Somersworth.
  • Natural gas is more expensive in Somersworth at $17.58 per unit, while it is cheaper at $12.01 in Anchorage.
  • Utility expenses are equal in both Somersworth and Anchorage averaging $250.