City Comparison

Anchorage vs Duluth

Cost of Living Comparison · 2026

Anchorage

Alaska
127
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$72,515
Median Income

Duluth

Minnesota
85
Very Affordable
$268,000
Median Home
$1,025/mo
Median Rent
$68,800
Median Income

The Verdict

49.4%

Duluth is 49.4% less expensive than Anchorage overall. A household earning $75,000 in Anchorage would need approximately $50,197 in Duluth to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
142
Anchorage
88
Duluth
Groceries
120
Anchorage
99
Duluth
Utilities
130
Anchorage
94
Duluth
Transportation
108
Anchorage
100
Duluth
Healthcare
128
Anchorage
123
Duluth

Salary Equivalence

A $75,000 salary in Anchorage has the same purchasing power as $50,197 in Duluth.

Conversely, $75,000 in Duluth equals $112,059 in Anchorage.

Living in Anchorage vs Duluth

Housing Costs

Anchorage's housing index of 142 is higher Duluth's 88, translating to median home prices of $340,000 vs $268,000. The $72,000 difference in home prices means roughly $4,680 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Anchorage compared to $1,025/mo in Duluth, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 120 in Anchorage and 99 in Duluth. A household spending the national average of $475/month on groceries would pay approximately $570/month in Anchorage vs $470/month in Duluth. Duluth offers a meaningful advantage on everyday food costs, saving roughly $1200/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 130 in Anchorage and 94 in Duluth. Monthly utility bills average approximately $520 in Anchorage vs $376 in Duluth. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 128 in Anchorage and 123 in Duluth. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $72,515 in Anchorage and $68,800 in Duluth. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,098 and $80,941 respectively. Duluth residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,692/month to housing in Anchorage vs $1,605/month in Duluth. In Anchorage, median rent of $1,400/mo fits within this budget. In Duluth, median rent of $1,025/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 54 index points — focus your budget analysis there.

Frequently Asked Questions

Duluth is 49.4% more affordable overall with an index of 85 vs 127.
A $75,000 salary in Anchorage has equivalent purchasing power to approximately $50,197 in Duluth, based on the cost of living difference.
Anchorage's housing index is 142 with median homes at $340,000, while Duluth's is 88 with median homes at $268,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases