Things to Do in Anchorage, Alaska + A Guide to Living Here

Anchorage, Alaska is one of the most unique cities in the United States.

With mountain views in every direction, direct access to hiking trails, a strong local food scene, and neighborhoods that range from downtown condos to hillside homes overlooking Cook Inlet, Anchorage offers a lifestyle that blends city convenience with outdoor freedom.

Whether you’re visiting, relocating, or considering making Anchorage home, this guide covers:

• Best tourist attractions

• Top-rated restaurants

• Popular hiking trails

• Average home and rent prices

• What to know before moving

Best Tourist & Local Things to Do in Anchorage

Anchorage makes it easy to experience Alaska without leaving the city.

Tony Knowles Coastal Trail

An 11-mile paved trail along Cook Inlet, perfect for walking, biking, or catching a sunset with views of Denali on clear days.

Flattop Mountain

One of the most popular hikes in Alaska, offering panoramic views of Anchorage and the surrounding mountains.

Alaska Wildlife Conservation Center

Located south of Anchorage, this conservation center gives visitors the opportunity to safely view moose, bears, musk ox, and other Alaskan wildlife.

Anchorage Museum

A must-visit for learning about Alaska Native culture, history, art, and science.

Turnagain Arm Drive

A scenic highway just outside Anchorage known for dramatic coastal views and wildlife sightings.

Top-Rated Restaurants in Anchorage

Anchorage has a surprisingly strong food scene, especially when it comes to seafood.

Fine Dining & Date Night

• Simon & Seafort's – Seafood and steak with beautiful inlet views

• Orso – Upscale Italian-inspired cuisine

Casual Local Favorites

• Snow City Cafe – A go-to brunch spot

• Moose's Tooth Pub & Pizzeria – Widely known for pizza and craft beer

Classic Alaska Staples

• 49th State Brewing Co. – Great atmosphere and local seafood

• Club Paris – A longtime favorite for steak

Best Hiking Trails in Anchorage

Outdoor access is one of the biggest reasons people choose to live in Anchorage.

Flattop Mountain (Glen Alps Trailhead)

Short, steep, and incredibly rewarding views.

Kincaid Park

Miles of wooded trails with frequent wildlife sightings.

Powerline Pass

Scenic and spacious, popular for hiking and biking.

Eagle River Nature Center

A nearby option for families and those wanting a more relaxed trail experience.

Cost of Living in Anchorage: Home Prices & Rent

Housing costs in Anchorage vary by neighborhood, size, and condition, but here’s a general overview:

• Condos typically range from the mid-$200,000s to mid-$300,000s.

• Single-family homes commonly range from the mid-$400,000s to mid-$600,000s, with hillside and luxury homes exceeding $700,000+.

• Rental prices often fall between $1,300–$1,800 per month for a one-bedroom apartment and $2,200+ for single-family homes, depending on location and amenities.

Winter utility costs can be higher due to heating, so budgeting seasonally is important when renting or owning.

What It’s Like Living in Anchorage

Anchorage has a population of roughly 290,000 and serves as Alaska’s largest city.

Residents enjoy:

• Access to trails, skiing, fishing, and wildlife within minutes

• A strong job market in healthcare, military, oil & gas, and tourism

• Proximity to JBER (Joint Base Elmendorf-Richardson)

• A balance of urban amenities and wilderness

Commute times are generally short compared to major U.S. metro areas, and most neighborhoods are within 20–30 minutes of each other.

Anchorage offers space, scenery, and community — but also requires comfort with long winters and dramatic seasonal shifts.

Is Anchorage a Good Place to Live?

Anchorage is a great fit for people who:

• Love the outdoors

• Want mountain views year-round

• Prefer less congestion than large metro cities

• Value access to nature without sacrificing city convenience

It may not be for everyone, but for those who embrace the seasons, Anchorage offers a lifestyle that’s hard to replicate anywhere else.

Thinking About Moving to Anchorage?

Whether you're relocating from out of state, PCSing to JBER, or considering a move from the Mat-Su Valley into the city, understanding neighborhoods and price points makes a big difference.

If you’re exploring homes for sale in Anchorage or deciding whether renting or buying is the right move, we’re happy to help you create a plan that fits your goals.

Top Homes Alaska
Anchorage • Eagle River • Mat-Su Valley
Keller Williams Realty Alaska Group

Helping you make informed real estate decisions in every season.