Gas Prices in Anchorage, AK
Updated May 21, 2026 · AAA data · Regular unleaded
Gas Prices in Anchorage
Anchorage is the most affordable market in Alaska, anchored by Costco and Fred Meyer fuel stations that provide the lowest prices in the state. Even so, prices run significantly above the national average due to Alaska's isolated market and the Tesoro refinery being the region's primary supply source.
Prices at individual stations can vary by 5–15 cents within the same city depending on brand, location, and local competition. Use apps like GasBuddy to find the cheapest station near you in Anchorage.
Frequently Asked Questions
What is the gas price in Anchorage right now?
The average regular unleaded price in Anchorage, Alaska is $5.270/gal as of May 21, 2026. Station prices vary — expect a range of roughly $5.170 to $5.390 across the metro area.
Is Anchorage gas cheaper than Fairbanks?
Yes — Anchorage is typically 15-25¢ cheaper than Fairbanks. Anchorage sits adjacent to the Tesoro refinery and has better road access; Fairbanks is further from the supply chain and has fewer stations competing in the market.
Where is cheapest gas in Anchorage?
Costco in Anchorage is consistently the lowest-priced station by a significant margin. Fred Meyer fuel centers are competitive secondary options. Petro Star and Tesoro stations throughout the city are the best of the major brand options.
When is the cheapest day to buy gas in Anchorage?
Nationwide data shows Monday and Tuesday tend to have slightly lower gas prices before weekly demand picks up. Avoid buying gas Thursday through Saturday when prices are typically higher.