$100K in Anchorage = $98,000 in Richmond

Your $100K salary in Anchorage (COL 100) has the same purchasing power as $98,000 in Richmond (COL 98). Richmond is cheaper โ€” your money goes 2% further there.

$100K in Anchorage, AK
$6,321/mo take-home
Rent: $1,800/mo (28% of take-home)
Manageable
$98,000/yr in Richmond, VA
$5,721/mo take-home
Rent: $1,600/mo (28% of take-home)
Comfortable

Budget breakdown โ€” $100K in both cities

What $100K actually buys you in each city after taxes and core expenses.

Expense
Anchorage
$100K
Richmond
$100K (same salary)
Monthly take-home$6,321$5,838
1BR rent$1,800$1,600
Groceries$391$369
Transport$45$70
Utilities$165$155
Internet$90$60
Left after essentials$3,830/month$3,584/month
To match your Anchorage purchasing power in Richmond, you'd need to earn $98,000/year (2% less than $100K). At that salary, you'd have $3,467/mo left after essentials โ€” vs $3,830/mo in Anchorage.

Frequently asked questions

What is $100K in Anchorage equivalent to in Richmond?

$100K in Anchorage (COL index 100) has the same purchasing power as $98,000 in Richmond (COL index 98). That's 2% less than your current salary.

If I move from Anchorage to Richmond keeping my $100K salary, will I be better off?

Yes. If you keep earning $100K after moving to Richmond, you'd have $-246 more per month after core expenses โ€” because Richmond is cheaper than Anchorage.

How is the salary equivalent calculated?

The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $100K ร— (98 รท 100) = $98,000. This adjusts for differences in housing, food, transport, and general cost of living.

Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow ยท BLS ยท Numbeo ยท Q1 2026 ยท For general guidance only