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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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You'd save $1.9K/month moving to Spokane Valley, WA

$150.0K in your current city equals $127.3K in Spokane Valley, WA

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†“ 25.2%
Less expensive
Monthly Impact
$1,893
Savings
Annual Impact
$22.7K
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

Spokane Valley, WA

Population:108K
Cost Index:
75
(25% below avg)
Median Home:$385K

Anchorage, AK

The Last Frontier

292K
Population
State Tax
No Income Tax

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

๐Ÿ’ก Advantage: Alaska has no state income tax!

Spokane Valley, WA

The Evergreen State

108K
Population
State Tax
No Income Tax

Located in Washington, this city has a population of 108K residents.

๐Ÿ’ก Advantage: Washington has no state income tax!

Cost Breakdown by Category

Annual spending: Anchorage, AK vs Spokane Valley, WA

Housing
โ†“ 33.2%
Anchorage, AK
$3,066
Spokane Valley, WA
$2,047
Difference
$1,019
less
Transportation
โ†‘ 29.0%
Anchorage, AK
$1,448
Spokane Valley, WA
$1,868
Difference
$420
more
All Utilities
โ†“ 42.2%
Anchorage, AK
$825
Spokane Valley, WA
$477
Difference
$348
less
Other
โ†“ 18.5%
Anchorage, AK
$1,858
Spokane Valley, WA
$1,515
Difference
$343
less
Groceries
โ†“ 19.5%
Anchorage, AK
$1,329
Spokane Valley, WA
$1,070
Difference
$259
less
Healthcare
โ†“ 8.4%
Anchorage, AK
$892
Spokane Valley, WA
$817
Difference
$74.93
less

๐Ÿ Rent Comparison

Studio
From$1,230
To$669
โ†“ $561
1 Bed
From$1,325
To$794
โ†“ $531
2 Bed
From$1,720
To$1,003
โ†“ $717
3 Bed
From$2,340
To$1,421
โ†“ $919
Anchorage, AKZIP-level data

1BR range: $890โ€“$1,570/mo

๐Ÿ’ก 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
$7,794
Monthly in Spokane Valley, WA
$1,624
Difference

Home Values

Anchorage
Spokane Valley
$365K
Median Value
-
โ†‘ +3.9%
YoY Change
-
โ†‘ +20.9%
5-Year Change
-
$316K - $658K
Price Range
-

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†’ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Anchorage, AK

Federal Income Tax
Effective: 18.9%
$25.5K
Alaska State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Spokane Valley, WA

Federal Income Tax
Effective: 18.9%
$25.5K
Washington State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Anchorage, AK Tax Rates

Sales Tax:1.8%
Property Tax:0.9%

Spokane Valley, WA Tax Rates

Sales Tax:9.2%
Property Tax:0.9%

๐Ÿ’ก 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.

Environment

Anchorage
Spokane Valley
24 Good
Air Quality
38 Good
81.1%
Good Air Days
76.5%
97 High
Climate Risk
90 Moderate
๐Ÿซจ
Top Hazards
๐Ÿ’จ
N/A
2050 Outlook
โ–ฒ+3.0ยฐF
-
Heat Days >95ยฐF
23 days
N/A
2050 Outlook
โ–ฒ+3.0ยฐF
-
Heat Days >95ยฐF
23 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Alaska and Washington on TaxTakeHome.com

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