Alaska’s three major cities continue to have higher living costs than most of the nation’s urban areas, according to a newly released analysis published by the Alaska Department of Labor and Workforce Development.
Juneau, Anchorage and Fairbanks are in the top 25 among 257 metropolitan national areas. Among the three, Juneau had the highest overall cost of living, at 31.7% above the national urban average in 2025, according to the analysis, published in the July issue of Alaska Economic Trends, the department’s monthly research magazine. Anchorage’s cost of living was 25.5% above the national average, while Fairbanks’s costs were 22.9% above the national average, according to the analysis.
While significantly higher than the national urban average, the Alaska cities last year were much cheaper than cities like New York, where the borough of Manhattan has overall living costs that were 139% above the national average, or Honolulu, where overall costs were 83.9% above the national average…