High value
Jackson, MS
Tax-free edge
Anchorage, AK

Jackson wins overall by ~21% (COL index)

Cost of living: Jackson vs Anchorage (2026)

A $61,000 salary in Jackson buys roughly what $77,215 does in Anchorage (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices โ€” we break them down and personalize below.

๐Ÿ’ฐ4.7% vs 0.0% state tax ยท ~$2,868/yr take-home gap
๐Ÿ 44% rent gap (~$9,600/yr)
๐Ÿ›’12% lower groceries index

Your move simulator

Tell us about your household โ€” we calculate your real annual savings.

๐Ÿ’ต Household income (before tax)$61K
$40K$600K+
๐Ÿ  Apartment size
๐Ÿš— Cars in household
Jackson
$3,617/mo
take-home pay
Anchorage
$3,856/mo
take-home pay

Estimated annual swing

+$9,382/yr

Favoring Jackson for this income & household (illustrative).

With the extra $782/mo, you could pay down a $15,000 card balance in ~20 months and still keep ~$94/mo for dining out.

HousingTaxesGroceries
Jackson
Anchorage
๐Ÿ  HousingQ1 2026

Studio rent/mo

$800โœ“ better
$1,400
Jackson saves $600/mo
๐Ÿ’ฐ $7,200/yr in Jackson

1BR rent/mo

$1,000โœ“ better
$1,800
Jackson saves $800/mo
๐Ÿ’ฐ $9,600/yr in Jackson

2BR rent/mo

$1,300โœ“ better
$2,450
Jackson saves $1,150/mo
๐Ÿ’ฐ $13,800/yr in Jackson

Median home price

$180Kโœ“ better
$400K
Jackson saves $220K
๐Ÿ›’ Food & GroceriesQ1 2026

Groceries index (100 = US avg)

91โœ“ better
103
Jackson saves 12

Budget meal (1 person)

$11โœ“ better
$16
Jackson saves $5/mo

Mid-range dinner (2)

$44โœ“ better
$65
Jackson saves $21/mo
๐Ÿ’ฐ $252/yr in Jackson
๐ŸšŒ TransportationQ1 2026

Monthly transit pass/mo

$38โœ“ better
$45
Jackson saves $7/mo

Gas price/gal

$2.95โœ“ better
$3.90
Jackson saves $0.95

Car insurance/mo

$148โœ“ better
$175
Jackson saves $27/mo
๐Ÿ’ฐ $324/yr in Jackson
โšก UtilitiesQ1 2026

Monthly utilities bundle/mo

$178
$165โœ“ better
Anchorage saves $13/mo

Internet/mo

$55โœ“ better
$90
Jackson saves $35/mo
๐Ÿ’ฐ $420/yr in Jackson
๐Ÿ’ฐ Income & TaxesQ1 2026

Median household income/yr

$42K
$80Kโœ“ better
Anchorage earns $38K

State income tax%

4.7%
0.0%โœ“ better
Anchorage saves -4.7 pp
๐Ÿ’ฐ $2,867/yr in Anchorage

Sales tax (combined)%

7.1%
1.8%โœ“ better
Anchorage saves -5.3 pp
๐ŸŽฌ LeisureQ1 2026

Movie ticket

$12.00โœ“ better
$15.00
Jackson saves $3.00

Gym membership/mo

$30โœ“ better
$45
Jackson saves $15/mo

Beer at restaurant

$4.50โœ“ better
$7.00
Jackson saves $2.50
๐Ÿ“Š OverviewQ1 2026

Overall COL index (100 = US avg)

79โœ“ better
100
Jackson saves 21

Walk score / 100

22
26โœ“ better
Anchorage earns 4

Complete the Picture

While youโ€™re comparing โ€” donโ€™t leave money on the table.

๐Ÿ’ฐ

Tax-smart rewards

Turn ~$2,868/yr tax difference into cash back

Jackson fits your move math โ€” cash-back cards stack on groceries, gas, and dining you're already doing.

See top cash-back cards
๐Ÿ›ก๏ธ

Home + auto bundle

New state โ€” new insurance rates

Bundling often saves hundreds/yr. Compare before you sign a lease in Jackson.

Browse insurance
๐Ÿฆ

High-yield savings

Park ~$9,600/yr rent savings at 4โ€“5%+ APY

Don't let relocation cash sit at 0% โ€” put it to work until closing day.

Compare savings rates

Ready to move?

Open the full interactive tool to add up to 5 cities, drop in your salary, and see rent burden.

Open full interactive tool

Complete the Picture

While youโ€™re comparing โ€” donโ€™t leave money on the table.

๐Ÿ“‰

If cash is tight

Knock down high-interest debt first

A move has upfront costs โ€” a balance transfer or personal loan can lower APR while you settle in.

Compare loans
๐Ÿ“ˆ

If you're saving big

Invest the surplus on autopilot

Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.

See investing options

Frequently asked questions

Is Jackson cheaper than Anchorage?

Yes. Jackson is 21% cheaper than Anchorage based on overall cost of living indices (79 vs 100, where 100 = US average).

What is the average rent in Jackson vs Anchorage?

As of Q1 2026, the median 1-bedroom rent in Jackson is $1,000/month and in Anchorage is $1,800/month. Jackson is cheaper by 44%.

How much do I need to earn in Anchorage to match a $75,000 salary in Jackson?

To maintain a similar lifestyle, you would need approximately $94,937/year in Anchorage to match a $75,000 salary in Jackson. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Jackson or Anchorage?

Anchorage has the lower state income tax rate at 0% vs 4.7%. Anchorage has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Jackson to Anchorage?

It depends on your priorities. Jackson offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

Planning a move?

Salary equivalent: Jackson โ†” Anchorage

How much would you need to earn in Anchorage to match your Jackson purchasing power?

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