Cost of Living: Anchorage, AK vs Gilbert, AZ (2026)

Anchorage

Alaska
113
VS

Gilbert

Arizona
148

Anchorage is 24% cheaper than Gilbert.

$1,453/mo ↓ 28%
Median Rent
$2,028/mo ↑ 40%
$98,152/yr ↓ 19%
Median Income
$121,351/yr ↑ 24%
$375,900 ↓ 28%
Home Value
$518,600 ↑ 38%
$1,698/mo ↓ 11%
Owner Costs
$1,908/mo ↑ 12%
289,069
Population
271,118

Tax Comparison

0%
Income Tax
2.5%
0%
State Sales Tax
5.6%
1.04%
Property Tax
0.62%

Affordability

17.8%
rent-to-income
Affordability
20.1%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Gilbert, AZ, the overall cost of living indices are 113 and 148 respectively (national median = 100). Rent is $575/month cheaper in Anchorage, saving renters about $6,900/year.

Median household income is $23,199/year higher in Gilbert. Home values also differ significantly — the median in Anchorage is $375,900 compared to $518,600 in Gilbert.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Anchorage vs Gilbert — common questions

Is Anchorage or Gilbert cheaper to live in?
Based on our cost index, Anchorage is cheaper to live in with an index of 113 compared to 148 (US average = 100).
What is the rent difference between Anchorage and Gilbert?
Median rent in Anchorage is $1,453/month and in Gilbert it's $2,028/month — a difference of $575/month.
Which city has higher income, Anchorage or Gilbert?
Median household income is $98,152 in Anchorage and $121,351 in Gilbert. Median household income is $23,199/year higher in Gilbert.
How do taxes compare between Alaska and Arizona?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Anchorage or Gilbert?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Gilbert has a cost index of 148 with rent of $2,028/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Gilbert details →

More Comparisons

Other cost of living comparisons for Anchorage and Gilbert

Anchorage vs. Jersey City Anchorage vs. Durham Anchorage vs. Lincoln Anchorage vs. Plano Anchorage vs. St. Louis Anchorage vs. Chandler Gilbert vs. Chula Vista Gilbert vs. North Las Vegas Gilbert vs. Madison Gilbert vs. Reno Gilbert vs. Buffalo Gilbert vs. Toledo