Moving from Montgomery to Anchorage (2026)

Anchorage has a COL index of 100 vs 81 for Montgomery (100 = US average). Expect to pay about 23% more for the same lifestyle.

Pay ~$437 more/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
81 โ†’ 100
100 = US avg
1BR rent
$1,050 โ†’ $1,800
per month
State tax
5% โ†’ None
income tax
COL difference
81 โ†’ 100
23% more expensive

Salary needed in Anchorage to match your Montgomery lifestyle

Based on the 23% cost of living increase between the two cities.

Your salary in MontgomeryEquivalent in Anchorage
$40K$49,383
$50K$61,728
$60K$74,074
$75K$92,593
$80K$98,765
$100K$123,457
$120K$148,148
$150K$185,185

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Pay ~$822/mo moreon core expenses at $75K

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

ExpenseMontgomeryAnchorage
Monthly take-home$4,428$4,741
1BR rent$1,050$1,800
Groceries$353$391
Transport$38$45
Utilities$170$165
Internet$58$90
Left after essentials$2,759$2,250

Frequently asked questions

Is Anchorage cheaper than Montgomery?

No. Anchorage has a cost of living index of 100 vs 81 for Montgomery (100 = US average). That's about 23% more expensive.

How much will I save moving from Montgomery to Anchorage?

On a $75K salary, core expenses in Anchorage run about $437/month more than Montgomery. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Montgomery, you'd need roughly $92,593/year in Anchorage. 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