Moving from Miami to Anchorage

You'd keep $1,132 more a month in Anchorage

+$13,584 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Miami leftover

$1,678

a month after tax and rent

Anchorage leftover

$2,810

+$1,132 vs Miami

Monthly and annual budget comparison between Miami, FL and Anchorage, AK
Per monthMiamiAnchorageDifference
Gross pay$7,500$8,172+$672
Income and payroll tax$1,525$1,724+$199
Take-home pay$5,975$6,448+$473
Rent$2,088$1,346−$742
Getting around$599$636+$37
Groceries$444$457+$13
Healthcare$500$514+$14
Utilities$278$286+$8
Everything else$389$400+$11
Left over$1,678$2,810+$1,132

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

$79,000

Household gross, versus $90,000 today. That's the salary that leaves you exactly as much at the end of the month as Miami does now.

The tax difference alone

$0

A year, in state and local income tax. Alaska has no wage income tax.

More about Anchorage

Miami, FL in full

No income tax, but rents rose faster here than anywhere in the 2020s.

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.

The reverse move

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

AnchorageMiami

Questions

Is the cost of living lower in Anchorage than Miami?

A one-bedroom is about $2,088 in Miami versus $1,346 in Anchorage. On a one-adult, one-bedroom household, leftover is about $1,132 a month higher in Anchorage. Change the job or household on the comparison to see your number.

Does Anchorage have state income tax?

Anchorage is in Alaska, which has no state income tax.

What changes if you move from Miami to Anchorage?

Take-home pay is recalculated under Alaska tax, rent is priced at the same bedroom count, and leftover is the gap. The from-to page also lists IRS households that already made the move, when that data exists.

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.