Can I Afford to Live in Anchorage vs Spokane on $150K?

Here's how a $150K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Anchorage, AK
$8,944/mo take-home
Rent: $1,800/mo (20% of take-home)
Very comfortable
Spokane, WA
$8,944/mo take-home
Rent: $1,400/mo (16% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Anchorage
AK
Spokane
WA
Monthly take-home (est.)$8,944$8,944
1BR rent$1,800$1,400
Groceries (est.)$391$372
Transport (est.)$45$62
Utilities$165$115
Internet$90$62
Left after essentials$6,453/month$6,933/month
Both Anchorage and Spokane have no state income tax โ€” your take-home is higher than in most states.

Frequently asked questions

Is $150K a good salary in Anchorage?

At $150K/year in Anchorage, your estimated monthly take-home is $8,944. With 1BR rent around $1,800/month, rent takes up 20% of your take-home. That's considered very comfortable.

Is $150K a good salary in Spokane?

At $150K/year in Spokane, your estimated monthly take-home is $8,944. With 1BR rent around $1,400/month, rent takes up 16% of your take-home. That's considered very comfortable.

Which city is more affordable on a $150K salary?

Spokane leaves you with more money after core expenses โ€” $6,933/month vs $6,453/month in Anchorage.

Can I afford to live alone in Anchorage on $150K?

Yes. At $150K in Anchorage, rent takes 20% of your take-home, leaving $6,453/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Anchorage vs Spokane

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more โ€” side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo ยท Q1 2026 ยท For general guidance only