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Alaska vs Illinois Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$59,195

in Alaska

$78,947

in Illinois

Alaska
Illinois

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $30,591 (40.8%)Groceries: $12,188 (16.3%)Utilities: $8,216 (11.0%)Transportation: $14,424 (19.2%)Healthcare: $8,352 (11.1%)Dining & Misc: $9,195 (12.3%)Savings: $9,750 (13.0%)Alaska$59,195Alaska
Housing: $20,864 (27.8%)Groceries: $9,731 (13.0%)Utilities: $5,198 (6.9%)Transportation: $12,060 (16.1%)Healthcare: $6,246 (8.3%)Dining & Misc: $7,403 (9.9%)Savings: $9,750 (13.0%)Discretionary: $3,748 (5.0%)Illinois$78,947Illinois
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$340,000vs$260,000
Alaska
31% more
Illinois
Avg 2BR rent$1,730/movs$1,180/mo
Alaska
47% more
Illinois
Groceries
Index
Alaska
25% more
Illinois
Transportation
Regular gas$3.95/galvs$3.60/gal
Alaska
10% more
Illinois
Utilities
Electric bill$196/movs$108/mo
Alaska
82% more
Illinois
Healthcare
Index
Alaska
34% more
Illinois
Childcare
Infant childcare$20,943/yrvs$16,107/yr
Alaska
30% more
Illinois

Category breakdown

Category Alaska Illinois Difference
Housing 123.6 84.3 +47%
Groceries 125.0 99.8 +25%
Utilities 156.5 99.0 +58%
Transportation 120.2 100.5 +20%
Healthcare 139.2 104.1 +34%
Dining & Misc 122.6 98.7 +24%
Overall 126.7 95.0 +33%

Index values relative to national average (100). Positive difference = more expensive in Alaska.

What things actually cost

Item Alaska Illinois Difference
Median home price $340,000 $260,000 +$80,000
Average 2BR rent $1,730/mo $1,180/mo +$550
Gas price $3.95/gal $3.60/gal +$0.35
Electric bill $196/mo $108/mo +$88
Infant childcare $20,943/yr $16,107/yr +$4,836

Salary equivalent: Alaska → Illinois

What a Alaska salary buys you in Illinois, adjusted for cost of living.

Salary in Alaska Equivalent in Illinois Difference
$50,000 $37,490 +$12,510
$75,000 $56,235 +$18,765
$100,000 $74,980 +$25,020
$150,000 $112,470 +$37,530
$200,000 $149,961 +$50,039

Positive = your money goes further in Illinois. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Alaska is 33% more expensive than Illinois overall. Alaska has an index of 126.7 vs 95 for Illinois (national average = 100).

FAQ

Is it cheaper to live in Alaska or Illinois?

Illinois is cheaper to live in. Alaska is 33% more expensive overall. The biggest driver is housing — median home prices are $340,000 in Alaska vs $260,000 in Illinois.

Is Illinois cheaper than Alaska?

Yes, Illinois is 33% cheaper than Alaska overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Alaska more expensive than Illinois?

Yes, Alaska is 33% more expensive than Illinois based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Illinois equals $100,000 in Alaska?

To maintain the same purchasing power as a $100,000 salary in Alaska, you would need approximately $74,980 in Illinois. This is based on the overall cost-of-living index (126.7 vs 95).

How do housing costs compare between Alaska and Illinois?

Housing is significantly cheaper in Illinois. Median home prices are $340,000 in Alaska vs $260,000 in Illinois — a $80,000 difference. Average 2-bedroom rent is $1,730/mo vs $1,180/mo.

What costs more in Alaska vs Illinois?

Utilities is 58% higher in Alaska (index 156.5 vs 99). Housing is 47% higher in Alaska (index 123.6 vs 84.3). Healthcare is 34% higher in Alaska (index 139.2 vs 104.1).

Is gas cheaper in Alaska or Illinois?

Gas averages $3.95/gallon in Alaska and $3.60/gallon in Illinois — a $0.35 difference per gallon.

Alaska vs Illinois cost of living — how do they compare?

Alaska has an overall cost-of-living index of 126.7 and Illinois has 95 (national average = 100). Alaska is 33% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Alaska and Illinois?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Alaska vs Illinois paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.