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Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom
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Anchorage skyline
Bryan Price. CC BY-SA 2.0. Photo source · License
Iowa City skyline
American007 at English Wikipedia. Public domain. Photo source · License

Anchorage vs Iowa City

$226/mo less in Iowa City

Alabama: $2,168 left in a typical monthArizona: $2,126 left in a typical monthArkansas: $2,400 left in a typical monthCalifornia: $1,645 left in a typical monthColorado: $2,458 left in a typical monthConnecticut: $2,294 left in a typical monthDelaware: $1,980 left in a typical monthDistrict of Columbia: $2,913 left in a typical monthFlorida: $2,204 left in a typical monthGeorgia: $1,988 left in a typical monthIdaho: $2,056 left in a typical monthIllinois: $2,569 left in a typical monthIndiana: $2,407 left in a typical monthIowa: $2,838 left in a typical monthKansas: $2,391 left in a typical monthKentucky: $2,312 left in a typical monthLouisiana: $2,486 left in a typical monthMaine: $1,949 left in a typical monthMaryland: $2,359 left in a typical monthMassachusetts: $2,076 left in a typical monthMichigan: $2,360 left in a typical monthMinnesota: $2,600 left in a typical monthMississippi: $2,011 left in a typical monthMissouri: $2,581 left in a typical monthMontana: $2,222 left in a typical monthNebraska: $2,541 left in a typical monthNevada: $2,296 left in a typical monthNew Hampshire: $2,794 left in a typical monthNew Jersey: $1,864 left in a typical monthNew Mexico: $2,037 left in a typical monthNew York: $2,320 left in a typical monthNorth Carolina: $2,194 left in a typical monthNorth Dakota: $3,238 left in a typical monthOhio: $2,583 left in a typical monthOklahoma: $2,455 left in a typical monthOregon: $1,624 left in a typical monthPennsylvania: $2,380 left in a typical monthRhode Island: $2,094 left in a typical monthSouth Carolina: $2,108 left in a typical monthSouth Dakota: $2,780 left in a typical monthTennessee: $2,530 left in a typical monthTexas: $2,620 left in a typical monthUtah: $1,822 left in a typical monthVermont: $2,118 left in a typical monthVirginia: $2,326 left in a typical monthWashington: $2,473 left in a typical monthWest Virginia: $2,277 left in a typical monthWisconsin: $2,642 left in a typical monthWyoming: $2,849 left in a typical month
Less leftMore left

AnchorageIowa CityAbout 2,732 miles apart, a flight.

  • Iowa City costs you more
  • Property tax 1.54%
  • Rent under 30% of pay

Same paycheck, two cities. $2,534/mo in Iowa City. $2,760/mo in Anchorage. −$2,712 a year.

Anchorage

$2,760

left each month

Iowa City

$2,534

−$226 vs Anchorage

Compare

Same paycheck, another city.

Iowa City wins 2 of 4Anchorage 2 · ties 0
$6,444Take-home · Anchorage$5,115
$1,392Rent · Iowa City$911
$2,292Other bills · Iowa City$1,670
$2,760Left over · Anchorage$2,534

Next

−$226 / mo

Alabama: $2,168 left in a typical monthArizona: $2,126 left in a typical monthArkansas: $2,400 left in a typical monthCalifornia: $1,645 left in a typical monthColorado: $2,458 left in a typical monthConnecticut: $2,294 left in a typical monthDelaware: $1,980 left in a typical monthDistrict of Columbia: $2,913 left in a typical monthFlorida: $2,204 left in a typical monthGeorgia: $1,988 left in a typical monthIdaho: $2,056 left in a typical monthIllinois: $2,569 left in a typical monthIndiana: $2,407 left in a typical monthIowa: $2,838 left in a typical monthKansas: $2,391 left in a typical monthKentucky: $2,312 left in a typical monthLouisiana: $2,486 left in a typical monthMaine: $1,949 left in a typical monthMaryland: $2,359 left in a typical monthMassachusetts: $2,076 left in a typical monthMichigan: $2,360 left in a typical monthMinnesota: $2,600 left in a typical monthMississippi: $2,011 left in a typical monthMissouri: $2,581 left in a typical monthMontana: $2,222 left in a typical monthNebraska: $2,541 left in a typical monthNevada: $2,296 left in a typical monthNew Hampshire: $2,794 left in a typical monthNew Jersey: $1,864 left in a typical monthNew Mexico: $2,037 left in a typical monthNew York: $2,320 left in a typical monthNorth Carolina: $2,194 left in a typical monthNorth Dakota: $3,238 left in a typical monthOhio: $2,583 left in a typical monthOklahoma: $2,455 left in a typical monthOregon: $1,624 left in a typical monthPennsylvania: $2,380 left in a typical monthRhode Island: $2,094 left in a typical monthSouth Carolina: $2,108 left in a typical monthSouth Dakota: $2,780 left in a typical monthTennessee: $2,530 left in a typical monthTexas: $2,620 left in a typical monthUtah: $1,822 left in a typical monthVermont: $2,118 left in a typical monthVirginia: $2,326 left in a typical monthWashington: $2,473 left in a typical monthWest Virginia: $2,277 left in a typical monthWisconsin: $2,642 left in a typical monthWyoming: $2,849 left in a typical monthIowa City
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Iowa City · this breakdownAnchorage · homeAnchorage, AK sits outside this lower-48 frame.
See full breakdown
Monthly and annual budget comparison between Anchorage, AK and Iowa City, IA
Per monthAnchorageIowa CityDifference
Gross pay$8,167$6,566−$1,601
Income and payroll tax$1,723$1,451−$271
Take-home pay$6,444$5,115−$1,329
Rent$1,392$911−$481
Getting around$636$411−$225
Groceries$457$347−$110
Healthcare$514$391−$123
Utilities$286$217−$69
Everything else$400$304−$96
Left over$2,760$2,534−$226

Salary to match Anchorage

$83,000

Gross pay in Iowa City that leaves the same amount as $98,000 in Anchorage.

Tax difference

−$2,439

A year, in state and local income tax. Effective rates: 21.1% in Anchorage, 22.1% in Iowa City.

More about Iowa City

Anchorage, AK in full

No state income tax, a median 2-bedroom asking rent of $1,657 and 138 sunny days; commutes average 23 minutes.

Iowa City, IA in full

A flat 3.8% state income tax, a median 2-bedroom asking rent of $1,085 and 207 sunny days; commutes average 20 minutes.

The other way

Start in Iowa City.

Iowa City → Anchorage →

Questions

Is the cost of living lower in Iowa City than Anchorage?

For one adult in a one-bedroom, Iowa City leaves about $226 less a month. A one-bedroom is about $1,392 in Anchorage and $911 in Iowa City.

Does Iowa City have state income tax?

Iowa City is in Iowa, which taxes wage income.

What changes if you move from Anchorage to Iowa City?

The paycheck is taxed in Iowa. Rent stays at the same bedroom count. What you keep is the difference.

Left over each month is take-home pay minus rent and the rest of the bills. The gap between Anchorage and Iowa City changes with the job, remote or local pay, and bedrooms. How we figure this · Leftover vs a COL index · Why a cheaper COL% can still lose leftover.

Estimate, not a quote. How we figure this.