City Comparison

Anchorage vs St Cloud

Cost of Living Comparison · 2026

Anchorage

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

St Cloud

Minnesota
90
Below Average
$250,000
Median Home
$1,000/mo
Median Rent
$60,200
Median Income

The Verdict

41.1%

The cost gap between these cities is 41.1%, with St Cloud being the more affordable option. A $75,000 income in Anchorage has equivalent purchasing power to $53,150 in St Cloud.

Category-by-Category Breakdown

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

Housing
142
Anchorage
82
St Cloud
Groceries
120
Anchorage
101
St Cloud
Utilities
130
Anchorage
95
St Cloud
Transportation
108
Anchorage
99
St Cloud
Healthcare
128
Anchorage
100
St Cloud

Salary Equivalence

A $75,000 salary in Anchorage has the same purchasing power as $53,150 in St Cloud.

Conversely, $75,000 in St Cloud equals $105,833 in Anchorage.

Living in Anchorage vs St Cloud

Housing Costs

Anchorage's housing index of 142 is higher St Cloud's 82, translating to median home prices of $340,000 vs $250,000. The $90,000 difference in home prices means roughly $5,856 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Anchorage compared to $1,000/mo in St Cloud, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 120 in Anchorage and 101 in St Cloud. A household spending the national average of $475/month on groceries would pay approximately $570/month in Anchorage vs $480/month in St Cloud. St Cloud offers a meaningful advantage on everyday food costs, saving roughly $1080/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 130 in Anchorage and 95 in St Cloud. Monthly utility bills average approximately $520 in Anchorage vs $380 in St Cloud. 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 100 in St Cloud. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $72,515 in Anchorage and $60,200 in St Cloud. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,098 and $66,889 respectively. St Cloud 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 $1,405/month in St Cloud. In Anchorage, median rent of $1,400/mo fits within this budget. In St Cloud, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 60 index points — focus your budget analysis there.

Frequently Asked Questions

St Cloud is 41.1% more affordable overall with an index of 90 vs 127.
A $75,000 salary in Anchorage has equivalent purchasing power to approximately $53,150 in St Cloud, based on the cost of living difference.
Anchorage's housing index is 142 with median homes at $340,000, while St Cloud's is 82 with median homes at $250,000.

Moving & Relocation Resources

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