2016 Cost of Living Index
Anchorage Economic Development Corporation collects cost of living data for Anchorage that measures the relative price of consumer goods and services. The Cost of Living Index (COLI) is measured nationally in 264 areas around the country; the average for all areas equals 100.
Anchorage’s overall index in 2016 was 130.2, or 130.2 percent of the national average. Another way of looking at it would be to say that the cost of living in Anchorage is 30.2 percent higher than the average American city.
Each participant area’s index is a percentage of the weighted average for all prices. This index does not measure the change of prices over time (inflation), but rather the relative cost of living compared to the national average.
View the full report here.