Uprootmap

Anchorage, AKChicago, IL

Moving to Chicago costs you $433 a month

−$5,196 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Monthly and annual budget comparison between Anchorage, AK and Chicago, IL
Per monthAnchorageChicagoDifference
Gross pay$8,167$8,198+$31
Income and payroll tax$1,723$2,126+$404
Take-home pay$6,444$6,072−$372
Rent$1,346$1,828+$482
Getting around$636$392−$244
Groceries$457$408−$49
Healthcare$514$459−$55
Utilities$286$255−$31
Everything else$400$357−$43
Left over$2,806$2,373−$433

To break even in Chicago, you'd need to earn

$106,500

Household gross, versus $98,000 today. That's the salary that leaves you exactly as much at the end of the month as Anchorage does now.

The tax difference alone

−$4,732

A year, in state and local income tax. Effective rates: 21.1% in Anchorage, 25.9% in Chicago.

More about Chicago

Anchorage, AK in full

No state income tax, a median 2-bedroom asking rent of $1,602 and 138 sunny days; commutes average 23 minutes.

Chicago, IL in full

World-class city amenities at Midwest home prices, funded by 2.1% property tax.

The reverse move

Same two cities, but starting from Chicago on Chicago wages.

ChicagoAnchorage

Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.