CostIndexUSA

Anchorage, AK vs Hartford, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

AK
Anchorage
105.4
overall index
$1,700/mo rent
More AffordableCT
Hartford
102.7
overall index
$1,875/mo rent

Hartford is slightly cheaper than Anchorage — 2.6% lower overall cost of living.

To match an $80,000 salary in Anchorage, you would need $78,000 in Hartford. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing≈ Equal
Anchorage
109.9
Hartford
110.2
🛒 Groceries9.3%
Anchorage
107.3
Hartford
97.3
🚗 Transportation0.6%
Anchorage
108.5
Hartford
107.8
🏥 Healthcare0.7%
Anchorage
98.2
Hartford
97.5
Utilities+29.6%
Anchorage
111.8
Hartford
144.9

Salary Equivalency Calculator

Enter your current salary in Anchorage to see what you'd need to earn in Hartford to maintain the same purchasing power.

$
Equivalent salary in Hartford, CT
$78,000
$2,000 less needed in Hartford

Formula: salary × (102.7 ÷ 105.4) = salary × 0.9744. Based on BEA Regional Price Parities.

Housing Market

Anchorage, AK

Median Home Price
$403,000
Median Monthly Rent
$1,700
Housing Index
109.9
Price-to-Rent Ratio
19.8×

Hartford, CT

Median Home Price
$377,000
Median Monthly Rent
$1,875
Housing Index
110.2
Price-to-Rent Ratio
16.8×

Income & Job Market

Anchorage, AK

Median Household Income
$94,200
Per Capita Income
$53,700
Unemployment Rate
3.7%
Population
291,538
Top Industries
GovernmentMilitaryTourismHealthcareEnergy

Hartford, CT

Median Household Income
$92,200
Per Capita Income
$52,600
Unemployment Rate
4.3%
Population
121,054
Top Industries
FinanceInsuranceHealthcareGovernmentEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Anchorage, AK
4.6×income-to-rent ratio

78% of income left after rent (median)

Hartford, CT
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.