Cost of Living: Anchorage, AK vs Gresham, OR (2026)

Anchorage

Alaska
113
VS

Gresham

Oregon
119

Anchorage is 5% cheaper than Gresham.

$1,453/mo ↓ 4%
Median Rent
$1,508/mo ↑ 4%
$98,152/yr ↑ 33%
Median Income
$73,608/yr ↓ 25%
$375,900 ↓ 15%
Home Value
$440,000 ↑ 17%
$1,698/mo ↑ 7%
Owner Costs
$1,590/mo ↓ 6%
289,069
Population
112,818

Tax Comparison

0%
Income Tax
9.9%
0%
State Sales Tax
0%
1.04%
Property Tax
0.93%

Affordability

17.8%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Gresham, OR, the overall cost of living indices are 113 and 119 respectively (national median = 100). Rent is $55/month cheaper in Anchorage, saving renters about $660/year.

Median household income is $24,544/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $440,000 in Gresham.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Oregon's 9.9% rate.

Frequently Asked Questions

Anchorage vs Gresham — common questions

Is Anchorage or Gresham cheaper to live in?
Based on our cost index, Anchorage is cheaper to live in with an index of 113 compared to 119 (US average = 100).
What is the rent difference between Anchorage and Gresham?
Median rent in Anchorage is $1,453/month and in Gresham it's $1,508/month — a difference of $55/month.
Which city has higher income, Anchorage or Gresham?
Median household income is $98,152 in Anchorage and $73,608 in Gresham. Median household income is $24,544/year higher in Anchorage.
How do taxes compare between Alaska and Oregon?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Anchorage or Gresham?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Gresham details →

More Comparisons

Other cost of living comparisons for Anchorage and Gresham

Anchorage vs. Jersey City Anchorage vs. Durham Anchorage vs. Lincoln Anchorage vs. Plano Anchorage vs. St. Louis Anchorage vs. Chandler Gresham vs. Beaumont Gresham vs. Las Cruces Gresham vs. Springfield Gresham vs. Lansing Gresham vs. Odessa Gresham vs. Pompano Beach