Cost of Living: Anchorage, AK vs Little Rock, AR (2026)

Anchorage

Alaska
113
VS

Little Rock

Arkansas
74

Anchorage is 53% more expensive than Little Rock.

$1,453/mo ↑ 36%
Median Rent
$1,067/mo ↓ 27%
$98,152/yr ↑ 62%
Median Income
$60,583/yr ↓ 38%
$375,900 ↑ 70%
Home Value
$221,200 ↓ 41%
$1,698/mo ↑ 55%
Owner Costs
$1,099/mo ↓ 35%
289,069
Population
202,739

Tax Comparison

0%
Income Tax
4.4%
0%
State Sales Tax
6.5%
1.04%
Property Tax
0.62%

Affordability

17.8%
rent-to-income
Affordability
21.1%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Little Rock, AR, the overall cost of living indices are 113 and 74 respectively (national median = 100). Rent is $386/month cheaper in Little Rock, saving renters about $4,632/year.

Median household income is $37,569/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $221,200 in Little Rock.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Arkansas's 4.4% rate.

Frequently Asked Questions

Anchorage vs Little Rock — common questions

Is Anchorage or Little Rock cheaper to live in?
Based on our cost index, Little Rock is cheaper to live in with an index of 74 compared to 113 (US average = 100).
What is the rent difference between Anchorage and Little Rock?
Median rent in Anchorage is $1,453/month and in Little Rock it's $1,067/month — a difference of $386/month.
Which city has higher income, Anchorage or Little Rock?
Median household income is $98,152 in Anchorage and $60,583 in Little Rock. Median household income is $37,569/year higher in Anchorage.
How do taxes compare between Alaska and Arkansas?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Arkansas has 4.4% income tax, 6.5% sales tax, and 0.62% property tax.
Should I move to Anchorage or Little Rock?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Little Rock has a cost index of 74 with rent of $1,067/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Little Rock details →

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