Cost of Living: Anchorage, AK vs Westminster, CO (2026)

Anchorage

Alaska
113
VS

Westminster

Colorado
139

Anchorage is 19% cheaper than Westminster.

$1,453/mo ↓ 20%
Median Rent
$1,816/mo ↑ 25%
$98,152/yr ↑ 2%
Median Income
$96,145/yr ↓ 2%
$375,900 ↓ 24%
Home Value
$497,400 ↑ 32%
$1,698/mo ↓ 8%
Owner Costs
$1,841/mo ↑ 8%
289,069
Population
115,546

Tax Comparison

0%
Income Tax
4.4%
0%
State Sales Tax
2.9%
1.04%
Property Tax
0.51%

Affordability

17.8%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Westminster, CO, the overall cost of living indices are 113 and 139 respectively (national median = 100). Rent is $363/month cheaper in Anchorage, saving renters about $4,356/year.

Median household income is $2,007/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $497,400 in Westminster.

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

Frequently Asked Questions

Anchorage vs Westminster — common questions

Is Anchorage or Westminster cheaper to live in?
Based on our cost index, Anchorage is cheaper to live in with an index of 113 compared to 139 (US average = 100).
What is the rent difference between Anchorage and Westminster?
Median rent in Anchorage is $1,453/month and in Westminster it's $1,816/month — a difference of $363/month.
Which city has higher income, Anchorage or Westminster?
Median household income is $98,152 in Anchorage and $96,145 in Westminster. Median household income is $2,007/year higher in Anchorage.
How do taxes compare between Alaska and Colorado?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Anchorage or Westminster?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Westminster details →

More Comparisons

Other cost of living comparisons for Anchorage and Westminster

Anchorage vs. Jersey City Anchorage vs. Durham Anchorage vs. Lincoln Anchorage vs. Plano Anchorage vs. St. Louis Anchorage vs. Chandler Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point