Anchorage has some of the costliest real estate in Alaska, so it's not the best place for first-time home buyers who are strapped for cash. Crime is also an issue. Statistics show that Anchorage is safer than only 5% of cities in the nation, making it one of the most dangerous places to live in the U.S. Property crimes and motor vehicle thefts make up the majority of crimes, but rates rivaled those of much larger American cities.

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