Moving from Madison to Anchorage (2026)

Anchorage has a COL index of 100 vs 97 for Madison (100 = US average). Expect to pay about 3% more for the same lifestyle.

Pay ~$170 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
97100
100 = US avg
1BR rent
$1,650$1,800
per month
State tax
7.7%None
income tax
Take-home at $75K
$4,259$4,741
per month

Salary needed in Anchorage to match your Madison lifestyle

Based on the 3% cost of living increase between the two cities.

Your salary in MadisonEquivalent in Anchorage
$40K$41,237
$50K$51,546
$60K$61,856
$75K$77,320
$80K$82,474
$100K$103,093
$120K$123,711
$150K$154,639

Monthly budget at $75K — Madison vs Anchorage

ExpenseMadisonAnchorage
Monthly take-home$4,259$4,741
1BR rent$1,650$1,800
Groceries$384$391
Transport$62$45
Utilities$162$165
Internet$63$90
Left after essentials$1,938$2,250

Frequently asked questions

Is Anchorage cheaper than Madison?

No. Anchorage has a cost of living index of 100 vs 97 for Madison (100 = US average). That's about 3% more expensive.

How much will I save moving from Madison to Anchorage?

On a $75K salary, core expenses in Anchorage run about $170/month more than Madison. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Madison, you'd need roughly $77,320/year in Anchorage. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only