Cost of living comparison

compared to

Anchorage vs. Italy Cost of Living Summary

Anchorage is 50.4% more expensive than Italy overall.

Restaurants
pay 31.2% more in Anchorage
Groceries
pay 59.8% more in Anchorage
Transportation
pay 7.2% less in Anchorage
Housing
pay 2.4 times more in Anchorage
Childcare
pay 59.1% more in Anchorage
Entertainment and Sports
pay 74.4% more in Anchorage
Clothing
pay 9.4% less in Anchorage

The cost of housing, entertainment and sports, groceries, childcare, and restaurants in Anchorage are more expensive than in Italy. Expenses including clothing and transportation are lower in Anchorage. Notably, housing is significantly more expensive in Anchorage.

Anchorage vs. Italy Cost Breakdown

If you lived in Anchorage instead of Italy, you would:

pay 31.2% more for restaurants

 
Italy
Anchorage
Basic meal with drink at inexpensive restaurant $18.50
€15.76
$25.00
 
Fast food combo meal
McDonalds, or similar
$11.64
€9.91
$14.00
 
Bottle of Coca-Cola (11 fl. oz) $2.93
€2.49
$2.75
 

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pay 59.8% more for groceries

 
Italy
Anchorage
Bread
1 loaf
$2.30
€1.96
$4.25
 
Local cheese (8 oz) $8.02
€6.83
$6.17
 
Milk (1 gallon) $6.00
€5.11
$4.33
 

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pay 7.2% less for transportation

 
Italy
Anchorage
Gasoline (1 gallon) $7.83
€6.67
$3.84
 
Monthly public transit pass $44.40
€37.83
$60.00
 
New Volkswagen Golf 1.4 (standard edition) $32,732.41
€27,888.21
$34,089.50
 

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pay 2.4 times more for housing

 
Italy
Anchorage
Internet connection
50 mbps or faster, cable/dsl
$31.45
€26.80
$134.62
 
1-Bedroom apartment in downtown area $740.98
€631.32
$1,483.14
 
1-Bedroom apartment outside city center $575.41
€490.25
$1,242.86
 

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pay 59.1% more for childcare

 
Italy
Anchorage
Private preschool for 1 child, monthly $547.22
€466.24
$1,160.00
 
Middle school for 1 child, two semesters $9,750.16
€8,307.19
$10,350.00
 

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pay 74.4% more for entertainment and sports

 
Italy
Anchorage
Domestic/local beer (1 pint) $5.73
€4.88
$7.50
 
Cappuccino in mid-range area $1.95
€1.66
$5.67
 
Pack of cigarettes
Marlboro or similar
$6.86
€5.84
$12.00
 

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pay 9.4% less for clothing

 
Italy
Anchorage
Regular jeans
Levi's brand
$86.36
€73.58
$46.80
 
Regular dress
from H&M or similar store
$39.95
€34.04
$45.00
 
Running shoes
Nike or Adidas
$97.77
€83.30
$100.33
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025
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