CostIndexUSA

Anchorage, AK vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

AK
Anchorage
105.4
overall index
$1,700/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is moderately cheaper than Anchorage — 5.3% lower overall cost of living.

To match an $80,000 salary in Anchorage, you would need $75,800 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing18.9%
Anchorage
109.9
Waterbury
89.1
🛒 Groceries9.3%
Anchorage
107.3
Waterbury
97.3
🚗 Transportation0.6%
Anchorage
108.5
Waterbury
107.8
🏥 Healthcare0.7%
Anchorage
98.2
Waterbury
97.5
Utilities+32.0%
Anchorage
111.8
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$75,800
$4,200 less needed in Waterbury

Formula: salary × (99.8 ÷ 105.4) = salary × 0.9469. 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×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Anchorage has 18.9% lower housing costs compared to Waterbury.

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

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

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)

Waterbury, CT
5.1×income-to-rent ratio

80% 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.