Moving from Anchorage to Lima (2026)

Lima has a COL index of 40 vs 100 for Anchorage (100 = US average). You'd pay about 60% less for the same lifestyle.

Save ~$1,300/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
100 โ†’ 40
100 = US avg
1BR rent
$1,800 โ†’ $500
per month
State tax
None โ†’ None
income tax
COL difference
100 โ†’ 40
60% cheaper

Salary needed in Lima to match your Anchorage lifestyle

Based on the 60% cost of living decrease between the two cities.

Your salary in AnchorageEquivalent in Lima
$40K$16,000
$50K$20,000
$60K$24,000
$75K$30,000
$80K$32,000
$100K$40,000
$120K$48,000
$150K$60,000

Adjust your salary

Save ~$1,381/moon core expenses at $75K

Monthly budget at $75K โ€” Anchorage vs Lima

ExpenseAnchorageLima
Monthly take-home$4,741$4,741
1BR rent$1,800$500
Groceries$391$380
Transport$45$150
Utilities$165$55
Internet$90$25
Left after essentials$2,250$3,631

30-Year Wealth Builder

If you invest your monthly savings of $1,381 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,684,780

over 30 years compared to staying in Anchorage โ€” that's the real price of a city.

$1,381/mo invested

Frequently asked questions

Is Lima cheaper than Anchorage?

Yes. Lima has a cost of living index of 40 vs 100 for Anchorage (100 = US average). That's about 60% cheaper.

How much will I save moving from Anchorage to Lima?

On a $75K salary, moving from Anchorage to Lima saves roughly $1,300/month on core expenses. That's ~$15,600/year.

What salary do I need in Lima to match my Anchorage lifestyle?

To maintain the same purchasing power as $75,000 in Anchorage, you'd need roughly $30,000/year in Lima. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only