Is Eugene, OR cheaper than Anchorage, AK?

Based on cost of living data, Eugene, OR is 16.5% cheaper than Anchorage, AK. This translates to saving $1238 per month.

What salary do I need in Eugene, OR to live like I do in Anchorage, AK?

If you earn $150,000 in Anchorage, AK, you'd need approximately $135,143.558 in Eugene, OR to maintain the same standard of living.

How does housing cost compare between Anchorage, AK and Eugene, OR?

Housing in Eugene, OR is 10.8% more expensive than in Anchorage, AK. For a two-bedroom apartment, rent is $1,208/month in Eugene, OR compared to $1,720/month in Anchorage, AK.

How much can I save per month by moving from Anchorage, AK to Eugene, OR?

Moving from Anchorage, AK to Eugene, OR could save you approximately $1238 per month, or $14856 per year, based on a $150,000 salary.

Anchorage, AK vs Eugene, OR: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Anchorage, AK

Numbers update automatically as you type

You'd save $1.2K/month moving to Eugene, OR

$150.0K in your current city equals $135.1K in Eugene, OR

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 16.5%

Less expensive

Monthly Impact

$1,238

Savings

Annual Impact

$14.9K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Anchorage, AK

Population:292K

Cost Index:

100

100 = national average

Median Home:$365K

Eugene, OR

Population:178K

Cost Index:

(17% below avg)

Median Home:$470K

Anchorage, AK

The Last Frontier

292K

Population

State Tax

No Income Tax

Located in Alaska, this city has a population of 292K residents.

💡 Advantage: Alaska has no state income tax!

Eugene, OR

The Beaver State

178K

Population

State Tax

Yes

Located in Oregon, this city has a population of 178K residents.

Cost Breakdown by Category

Annual spending: Anchorage, AK vs Eugene, OR

Category	Anchorage, AK	Eugene, OR	Difference	Change
All Utilities	$825/mo	$426/mo	↓ $399less	48.4%
Groceries	$1,329/mo	$958/mo	↓ $371less	27.9%
Housing	$3,066/mo	$3,399/mo	↑ $332more	10.8%
Other	$1,858/mo	$1,546/mo	↓ $313less	16.8%
Healthcare	$892/mo	$594/mo	↓ $298less	33.4%
Transportation	$1,448/mo	$1,382/mo	↓ $66.19less	4.6%

All Utilities

↓ 48.4%

Anchorage, AK

$825

Eugene, OR

$426

Difference

$399

less

Groceries

↓ 27.9%

Anchorage, AK

$1,329

Eugene, OR

$958

Difference

$371

less

Housing

↑ 10.8%

Anchorage, AK

$3,066

Eugene, OR

$3,399

Difference

$332

Other

↓ 16.8%

Anchorage, AK

$1,858

Eugene, OR

$1,546

Difference

$313

less

Healthcare

↓ 33.4%

Anchorage, AK

$892

Eugene, OR

$594

Difference

$298

less

Transportation

↓ 4.6%

Anchorage, AK

$1,448

Eugene, OR

$1,382

Difference

$66.19

less

🏛️ Local Income Taxes

Eugene, OR: Lane Transit District Payroll Tax$315/yr (0.2%)

Anchorage, AK has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,230

To$873

↓ $357

1 Bed

From$1,325

To$921

↓ $404

2 Bed

From$1,720

To$1,208

↓ $512

3 Bed

From$2,340

To$1,682

↓ $658

Anchorage, AKZIP-level data

1BR range: $890–$1,570/mo

Eugene, ORZIP-level data

1BR range: $1,300–$1,380/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$9,419

Monthly in Anchorage, AK

$8,304

Monthly in Eugene, OR

$1,115

Difference

Home Values

Anchorage

Eugene

$365K

Median Value

$470K

↑ +3.9%

YoY Change

↓ -0.3%

↑ +20.9%

5-Year Change

↑ +27.2%

$316K - $658K

Price Range

$391K - $592K

Homes in Eugene are 29% more expensive than Anchorage

Calculate payment - Anchorage Calculate payment - Eugene

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $15.5K

More taxes

Monthly Difference

$1,293

Less take-home

Effective Rate Diff

10.3%

Rate difference

Anchorage, AK

Federal Income Tax

Effective: 18.9%

$25.5K

Alaska State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Eugene, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

Additional Tax Information

Anchorage, AK Tax Rates

Sales Tax:1.8%

Property Tax:0.9%

Eugene, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.