Cost of Living Index Report 2019
The Anchorage Economic Development Corporation collects cost of living data for Anchorage measuring the relative price of consumer goods and services. The Cost of Living Index (COLI) is measured nationally in 266 areas around the country; the average for all areas equals 100.
In 2019, the composite index for Anchorage dropped to 124.0, nearly five points lower than in 2018 (128.9).
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.