Is Gresham, OR cheaper than Anchorage, AK?

Based on cost of living data, Gresham, OR is 0.0% more expensive than Anchorage, AK. The two cities have very similar living costs.

What salary do I need in Gresham, OR to live like I do in Anchorage, AK?

If you earn $150,000 in Anchorage, AK, you'd need approximately $150,029.726 in Gresham, OR to maintain the same standard of living.

How does housing cost compare between Anchorage, AK and Gresham, OR?

Housing in Gresham, OR is 32.8% more expensive than in Anchorage, AK. For a two-bedroom apartment, rent is $1,537/month in Gresham, OR compared to $1,720/month in Anchorage, AK.

How much can I save per month by moving from Anchorage, AK to Gresham, OR?

Anchorage, AK and Gresham, OR have very similar costs of living, based on a $150,000 salary.

Anchorage, AK vs Gresham, OR: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Anchorage, AK

Numbers update automatically as you type

You'd spend $2.48/month more in Gresham, OR

$150.0K in your current city equals $150.0K in Gresham, OR

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 0.0%

More expensive

Monthly Impact

$2.48

Extra cost

Annual Impact

$29.73

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Anchorage, AK

Population:292K

Cost Index:

100

100 = national average

Median Home:$365K

Gresham, OR

Population:111K

Cost Index:

100

(0% above avg)

Median Home:$467K

Anchorage, AK

The Last Frontier

292K

Population

State Tax

No Income Tax

Located in Alaska, this city has a population of 292K residents.

💡 Advantage: Alaska has no state income tax!

Gresham, OR

The Beaver State

111K

Population

State Tax

Yes

Located in Oregon, this city has a population of 111K residents.

Cost Breakdown by Category

Annual spending: Anchorage, AK vs Gresham, OR

Category	Anchorage, AK	Gresham, OR	Difference	Change
Housing	$3,066/mo	$4,072/mo	↑ $1,005more	32.8%
All Utilities	$825/mo	$466/mo	↓ $359less	43.5%
Groceries	$1,329/mo	$1,049/mo	↓ $280less	21.1%
Healthcare	$892/mo	$650/mo	↓ $242less	27.1%
Transportation	$1,448/mo	$1,655/mo	↑ $208more	14.3%
Other	$1,858/mo	$1,852/mo	↓ $6.47less	0.3%

Housing

↑ 32.8%

Anchorage, AK

$3,066

Gresham, OR

$4,072

Difference

$1,005

All Utilities

↓ 43.5%

Anchorage, AK

$825

Gresham, OR

$466

Difference

$359

less

Groceries

↓ 21.1%

Anchorage, AK

$1,329

Gresham, OR

$1,049

Difference

$280

less

Healthcare

↓ 27.1%

Anchorage, AK

$892

Gresham, OR

$650

Difference

$242

less

Transportation

↑ 14.3%

Anchorage, AK

$1,448

Gresham, OR

$1,655

Difference

$208

Other

↓ 0.3%

Anchorage, AK

$1,858

Gresham, OR

$1,852

Difference

$6.47

less

🏠Rent Comparison

Studio

From$1,230

To$1,255

↑ $25.00

1 Bed

From$1,325

To$1,341

↑ $16.00

2 Bed

From$1,720

To$1,537

↓ $183

3 Bed

From$2,340

To$2,093

↓ $247

Anchorage, AKZIP-level data

1BR range: $890–$1,570/mo

Gresham, ORZIP-level data

1BR range: $1,600–$1,680/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$9,419

Monthly in Anchorage, AK

$9,744

Monthly in Gresham, OR

$325

Difference

Home Values

Anchorage

Gresham

$365K

Median Value

$467K

↑ +3.9%

YoY Change

↓ -0.9%

↑ +20.9%

5-Year Change

↑ +18.5%

$316K - $658K

Price Range

$427K - $506K

Homes in Gresham are 28% more expensive than Anchorage

Calculate payment - Anchorage Calculate payment - Gresham

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $15.5K

More taxes

Monthly Difference

$1,293

Less take-home

Effective Rate Diff

10.3%

Rate difference

Anchorage, AK

Federal Income Tax

Effective: 18.9%

$25.5K

Alaska State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Gresham, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

Additional Tax Information

Anchorage, AK Tax Rates

Sales Tax:1.8%

Property Tax:0.9%

Gresham, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.