Can I Afford to Live in Evansville vs Anchorage on $60K?

Here's how a $60K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Evansville, IN
$3,633/mo take-home
Rent: $990/mo (27% of take-home)
Comfortable
Anchorage, AK
$3,793/mo take-home
Rent: $1,800/mo (47% of take-home)
Difficult

Monthly budget breakdown

Expense
Evansville
IN
Anchorage
AK
Monthly take-home (est.)$3,633$3,793
1BR rent$990$1,800
Groceries (est.)$353$391
Transport (est.)$40$45
Utilities$152$165
Internet$58$90
Left after essentials$2,040/month$1,302/month
Anchorage (Alaska) has no state income tax, boosting take-home vs Evansville (IN rate: 3.2%).

Frequently asked questions

Is $60K a good salary in Evansville?

At $60K/year in Evansville, your estimated monthly take-home is $3,633. With 1BR rent around $990/month, rent takes up 27% of your take-home. That's considered comfortable.

Is $60K a good salary in Anchorage?

At $60K/year in Anchorage, your estimated monthly take-home is $3,793. With 1BR rent around $1,800/month, rent takes up 47% of your take-home. That's considered difficult.

Which city is more affordable on a $60K salary?

Evansville leaves you with more money after core expenses โ€” $2,040/month vs $1,302/month in Anchorage.

Can I afford to live alone in Evansville on $60K?

Yes. At $60K in Evansville, rent takes 27% of your take-home, leaving $2,040/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Evansville vs Anchorage

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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