SalaryCompareTool

Miami, FL vs Anchorage, AK

Moving from Miami to Anchorage? Here's what changes — from your equivalent salary to housing ($475,622 → $422,103 median home) and taxes.

Miami vs Anchorage at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Miami, FL Anchorage, AK Cost-of-living index Miami, FL — Cost-of-living index: 112 112 Anchorage, AK — Cost-of-living index: 107 107 Median home price Miami, FL — Median home price: $476k $476k Anchorage, AK — Median home price: $422k $422k Price per sqft Miami, FL — Price per sqft: $257 $257 Anchorage, AK — Price per sqft: $235 $235 Median rent Miami, FL — Median rent: $2,693 $2,693 Anchorage, AK — Median rent: $1,770 $1,770 Combined sales tax Miami, FL — Combined sales tax: 7.0% 7.0% Anchorage, AK — Combined sales tax: 1.8% 1.8% Property tax rate Miami, FL — Property tax rate: 0.90% 0.90% Anchorage, AK — Property tax rate: 1.24% 1.24% Violent crime /100k Miami, FL — Violent crime /100k: 380 380 Anchorage, AK — Violent crime /100k: 760 760 Electricity ¢/kWh Miami, FL — Electricity ¢/kWh: 15.4 15.4 Anchorage, AK — Electricity ¢/kWh: 27.4 27.4 Avg commute (min) Miami, FL — Avg commute (min): 30 30 Anchorage, AK — Avg commute (min): 23 23 Avg summer high °F Miami, FL — Avg summer high °F: 91° 91° Anchorage, AK — Avg summer high °F: 65° 65° Avg winter low °F Miami, FL — Avg winter low °F: 52° 52° Anchorage, AK — Avg winter low °F: 5°

To keep the same standard of living as $100,000 in Miami, FL, you'd need about $95,256 in Anchorage, AK (−$4,744).

Livability — Miami, FL: 57 · Anchorage, AK: 49 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,945 sqft in Miami vs 2,132 sqft in Anchorage ($257 vs $235 per sqft).

Annual cost breakdown (at $100,000)

CategoryMiami, FLAnchorage, AKDifference
Housing $32,316 $21,240 −$11,076
Groceries $5,091 $5,224 +$133
Transportation $4,800 $3,350 −$1,450
Utilities $1,656 $2,952 +$1,296
Insurance $4,200 $1,000 −$3,200
Taxes $5,772 $4,919 −$853
Total $53,835 $38,685 −$15,150

Side by side

MetricMiami, FLAnchorage, AK
Cost-of-living index112.1106.8
Unemployment rate5.24%5.62%
Population growth (5-yr)1.7%-0.0%
Air quality (median AQI)4242
Big Mac price (est.)$6.38$6.08
Median home price$475,622$422,103
Home price ÷ income6.9×4.5×
1-yr home appreciation-2.9%5.7%
Price per square foot$257$235
Median rent$2,693$1,770
Total tax burden (% income)9.1%4.6%
Combined sales tax7.02%1.82%
Capital gains taxNoneNone
Property tax rate0.90%1.24%
Healthcare (annual)$7,500$9,500
Childcare (annual, infant)$10,000$12,000
Vehicle property taxNoneNone
Avg commute (min)3023
Home insurance / yr$4,200$1,000
Auto insurance / yr$2,900$1,300
Flood insurance / yr$1,400$650
Earthquake insurance / yr$100$800
Electricity ¢/kWh15.427.4
Gas $/gal3.353.90
Natural gas / mo$38$68
Water & sewer / mo$88$164
Home internet / mo$76$110
Violent crime /100k380760
Avg summer high °F9165
Avg winter low °F525
Annual precipitation (in)67.416.6
Annual snowfall (in)0.074.0
Sunshine (% possible)70%41%
Permit difficulty (1–5)32

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