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Alaska vs Virginia Cost of Living

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vs

Purchasing power

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

$59,195

in Alaska

$73,386

in Virginia

Alaska
Virginia

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: $26,408 (35.2%)Groceries: $9,721 (13.0%)Utilities: $5,119 (6.8%)Transportation: $11,460 (15.3%)Healthcare: $6,456 (8.6%)Dining & Misc: $7,612 (10.1%)Savings: $9,750 (13.0%)Virginia$73,386Virginia
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$340,000vs$380,000
Alaska
Virginia
12% more
Avg 2BR rent$1,730/movs$1,494/mo
Alaska
16% more
Virginia
Groceries
Index
Alaska
25% more
Virginia
Transportation
Regular gas$3.95/galvs$3.32/gal
Alaska
19% more
Virginia
Utilities
Electric bill$196/movs$94/mo
Alaska
109% more
Virginia
Healthcare
Index
Alaska
29% more
Virginia
Childcare
Infant childcare$20,943/yrvs$14,277/yr
Alaska
47% more
Virginia

Category breakdown

Category Alaska Virginia Difference
Housing 123.6 106.7 +16%
Groceries 125.0 99.7 +25%
Utilities 156.5 97.5 +61%
Transportation 120.2 95.5 +26%
Healthcare 139.2 107.6 +29%
Dining & Misc 122.6 101.5 +21%
Overall 126.7 102.2 +24%

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

What things actually cost

Item Alaska Virginia Difference
Median home price $340,000 $380,000 $40,000
Average 2BR rent $1,730/mo $1,494/mo +$236
Gas price $3.95/gal $3.32/gal +$0.63
Electric bill $196/mo $94/mo +$102
Infant childcare $20,943/yr $14,277/yr +$6,666

Salary equivalent: Alaska → Virginia

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

Salary in Alaska Equivalent in Virginia Difference
$50,000 $40,331 +$9,669
$75,000 $60,497 +$14,503
$100,000 $80,663 +$19,337
$150,000 $120,994 +$29,006
$200,000 $161,326 +$38,674

Positive = your money goes further in Virginia. 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 24% more expensive than Virginia overall. Alaska has an index of 126.7 vs 102.2 for Virginia (national average = 100).

FAQ

Is it cheaper to live in Alaska or Virginia?

Virginia is cheaper to live in. Alaska is 24% more expensive overall. The biggest driver is housing — median home prices are $340,000 in Alaska vs $380,000 in Virginia.

Is Virginia cheaper than Alaska?

Yes, Virginia is 24% 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 Virginia?

Yes, Alaska is 24% more expensive than Virginia based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

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

To maintain the same purchasing power as a $100,000 salary in Alaska, you would need approximately $80,663 in Virginia. This is based on the overall cost-of-living index (126.7 vs 102.2).

How do housing costs compare between Alaska and Virginia?

Housing is significantly cheaper in Alaska. Median home prices are $340,000 in Alaska vs $380,000 in Virginia — a $40,000 difference. Average 2-bedroom rent is $1,730/mo vs $1,494/mo.

What costs more in Alaska vs Virginia?

Utilities is 61% higher in Alaska (index 156.5 vs 97.5). Healthcare is 29% higher in Alaska (index 139.2 vs 107.6). Groceries is 25% higher in Alaska (index 125 vs 99.7).

Is gas cheaper in Alaska or Virginia?

Gas averages $3.95/gallon in Alaska and $3.32/gallon in Virginia — a $0.63 difference per gallon.

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

Alaska has an overall cost-of-living index of 126.7 and Virginia has 102.2 (national average = 100). Alaska is 24% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Alaska and Virginia?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Alaska vs Virginia 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.