How Much Does Start a Restaurant Cost in Anchorage, AK?
Total cost to open a new restaurant from scratch. Updated March 2026 with data from BLS, U.S. Census Bureau, and industry surveys.
Typical Cost Range
$222.250 – $952.500
+27% vs national average
$222.250$587.375$952.500
LowNational avg: $462.500High
Anchorage vs State & National Average
| Category | Anchorage | Alaska Avg | National Avg |
|---|---|---|---|
| Average cost | $587.375 | $581.131 | $462.500 |
| Low estimate | $222.250 | $435.848 | $346.875 |
| High estimate | $952.500 | $755.470 | $601.250 |
Detailed Cost Breakdown
| Item | Low | High | |
|---|---|---|---|
| Lease deposit & first months | $19.050 | $76.200 | |
| Kitchen equipment | $50.800 | $254.000 | |
| Interior buildout & renovation | $63.500 | $317.500 | |
| Licenses, permits & legal | $6.350 | $31.750 | |
| Initial inventory & supplies | $12.700 | $38.100 | |
| Marketing & branding | $6.350 | $25.400 | |
| Working capital (3 months) | $38.100 | $127.000 |
Start a Restaurant in Nearby Cities
Frequently Asked Questions
How much does start a restaurant cost in Anchorage?
In Anchorage, AK, start a restaurant typically costs between $222.250 and $952.500. The average is $587.375, which is 27% above the national average.
Is Anchorage expensive for start a restaurant?
Anchorage has a cost-of-living index of 127 (100 = national average). Start a Restaurant costs are 27% higher than the national average of $462.500.
What factors affect start a restaurant costs in Anchorage?
Key factors include local labor costs, cost of materials, market competition, Alaska state regulations, and Anchorage's overall cost of living (index: 127/100). Prices can also vary by season and specific requirements.