Cost of Living: Cleveland, OH vs Anchorage, AK (2026)

Cleveland

Ohio
51
VS

Anchorage

Alaska
113

Cleveland is 55% cheaper than Anchorage.

$894/mo ↓ 38%
Median Rent
$1,453/mo ↑ 63%
$39,187/yr ↓ 60%
Median Income
$98,152/yr ↑ 150%
$94,100 ↓ 75%
Home Value
$375,900 ↑ 299%
$866/mo ↓ 49%
Owner Costs
$1,698/mo ↑ 96%
367,523
Population
289,069

Tax Comparison

3.5%
Income Tax
0%
5.75%
State Sales Tax
0%
1.53%
Property Tax
1.04%

Affordability

27.4%
rent-to-income
Affordability
17.8%
rent-to-income

Detailed Comparison

When comparing Cleveland, OH and Anchorage, AK, the overall cost of living indices are 51 and 113 respectively (national median = 100). Rent is $559/month cheaper in Cleveland, saving renters about $6,708/year.

Median household income is $58,965/year higher in Anchorage. Home values also differ significantly — the median in Cleveland is $94,100 compared to $375,900 in Anchorage.

Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Cleveland vs Anchorage — common questions

Is Cleveland or Anchorage cheaper to live in?
Based on our cost index, Cleveland is cheaper to live in with an index of 51 compared to 113 (US average = 100).
What is the rent difference between Cleveland and Anchorage?
Median rent in Cleveland is $894/month and in Anchorage it's $1,453/month — a difference of $559/month.
Which city has higher income, Cleveland or Anchorage?
Median household income is $39,187 in Cleveland and $98,152 in Anchorage. Median household income is $58,965/year higher in Anchorage.
How do taxes compare between Ohio and Alaska?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Alaska has 0% income tax, 0% sales tax, and 1.04% property tax.
Should I move to Cleveland or Anchorage?
It depends on your priorities. Cleveland has a cost index of 51 with median rent of $894/mo, while Anchorage has a cost index of 113 with rent of $1,453/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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