El Paso, TX vs Anchorage, AK: 67 vs 113

$1,041/mo ↓ 28%

Median Rent

$1,453/mo ↑ 40%

$58,734/yr ↓ 40%

Median Income

$98,152/yr ↑ 67%

$171,700 ↓ 54%

Home Value

$375,900 ↑ 119%

$1,044/mo ↓ 39%

Owner Costs

$1,698/mo ↑ 63%

678,147

Population

289,069

Detailed Comparison

When comparing El Paso, TX and Anchorage, AK, the overall cost of living indices are 67 and 113 respectively (national median = 100). Rent is $412/month cheaper in El Paso, saving renters about $4,944/year.

Median household income is $39,418/year higher in Anchorage. Home values also differ significantly — the median in El Paso is $171,700 compared to $375,900 in Anchorage.

Frequently Asked Questions

El Paso vs Anchorage — common questions

Is El Paso or Anchorage cheaper to live in?

Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 113 (US average = 100).

What is the rent difference between El Paso and Anchorage?

Median rent in El Paso is $1,041/month and in Anchorage it's $1,453/month — a difference of $412/month.

Which city has higher income, El Paso or Anchorage?

Median household income is $58,734 in El Paso and $98,152 in Anchorage. Median household income is $39,418/year higher in Anchorage.

How do taxes compare between Texas and Alaska?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Alaska has 0% income tax, 0% sales tax, and 1.04% property tax.

Should I move to El Paso or Anchorage?

It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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.

Cost of Living: El Paso, TX vs Anchorage, AK (2026)

El Paso

Anchorage

Tax Comparison

Affordability

Detailed Comparison

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