Anchorage vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Anchorage is 97% cheaper for renters. A 2-bedroom rents for $1,162/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,572/year.
Rent by Unit Size
| Unit Size | Anchorage | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $795 | $1,531 | $736 |
| 1 Bedroom | $960 | $1,813 | $853 |
| 2 Bedrooms | $1,162 | $2,293 | $1,131 |
| 3 Bedrooms | $1,475 | $2,674 | $1,199 |
| 4 Bedrooms | $1,674 | $3,167 | $1,493 |
| Median Income | $75,443 | $124,777 | $49,334 |
Anchorage
- Studio
- $795/mo
- 1 BR
- $960/mo
- 2 BR
- $1,162/mo
- 3 BR
- $1,475/mo
- 4 BR
- $1,674/mo
- Median Income
- $75,443/yr
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Anchorage or New York-Newark-Jersey City cheaper to rent in?
Anchorage is cheaper — a 2-bedroom Fair Market Rent is $1,162/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,131/mo or $13,572/year more expensive in New York-Newark-Jersey City (97% higher).
What is the 2-bedroom rent in Anchorage vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Anchorage and New York-Newark-Jersey City?
The median household income in Anchorage is $75,443/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Anchorage vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In New York-Newark-Jersey City it is $1,531/mo.