Alaska vs Mississippi Paycheck Comparison 2026

Annual salary

$

Annual salary

$
Additional options (filing status, deductions)
Filing status
$
$

You take home $3,000/yr more in Alaska

$250/mo · $115/paycheck more

Alaska
Mississippi

$61,593/yr in Alaska vs $58,593/yr in Mississippi.

Alaska

Take-home per paycheck

$2,368.94

$61,593/yr · 26x/yr

Federal tax$7,67010%
Social Security$4,6506%
Medicare$1,0881%
Take-home$61,59382%
Tax rates
Effective: 17.9%Marginal fed: 22.0%

Mississippi

Take-home per paycheck

$2,253.56

$58,593/yr · 26x/yr

Federal tax$7,67010%
State tax$3,0004%
Social Security$4,6506%
Medicare$1,0881%
Take-home$58,59378%
Tax rates
Effective: 21.9%Marginal fed: 22.0%Marginal state: 4.0%

Cost of living comparison

Cost of living in Alaska is 47% higher than in Mississippi.

At a $75,000 salary, take-home pay of $61,593 in Alaska has the purchasing power of $90,742 in Mississippi terms.

After adjusting for cost of living, Alaska comes out ahead by $32,150/yr.

Housing
Median home$340,000vs$175,000
Alaska
94% more
Mississippi
Avg 2BR rent$1,730/movs$1,002/mo
Alaska
73% more
Mississippi
Groceries
Index
Alaska
31% more
Mississippi
Transportation
Regular gas$3.95/galvs$3.05/gal
Alaska
30% more
Mississippi
Utilities
Electric bill$196/movs$97/mo
Alaska
103% more
Mississippi
Healthcare
Index
Alaska
48% more
Mississippi
Childcare & Misc
Infant childcare$20,943/yrvs$6,868/yr
Alaska
205% more
Mississippi

Estimate based on 2026 tax rates and standard deductions. Does not include local taxes, itemized deductions, tax credits, or other individual circumstances.

Tax system comparison

Alaska: Alaska has no state income tax. Residents pay only federal income tax, Social Security, and Medicare.

Mississippi: Mississippi has a flat state income tax of 4.00%. All taxable income is taxed at the same rate.

Take-home pay at different salaries (single filer, 2026)

Salary Alaska take-home Mississippi take-home Difference
$50,000 $42,355 $40,355 + $2,000
$75,000 $61,593 $58,593 + $3,000
$100,000 $79,180 $75,180 + $4,000
$150,000 $113,791 $107,791 + $6,000
$200,000 $148,927 $140,927 + $8,000
$300,000 $215,177 $203,177 + $12,000

Positive values mean higher take-home in Alaska. Assumes single filer, no deductions.

FAQ

Which state has lower taxes, Alaska or Mississippi?

At a $100,000 salary, Alaska results in $4,000 more annual take-home pay. Alaska has no state income tax. Residents pay only federal income tax, Social Security, and Medicare. Mississippi has a flat state income tax of 4.00%. All taxable income is taxed at the same rate.

How much more do you take home in Alaska vs the other state?

The difference depends on salary. At $50,000, the gap is $2,000/yr. At $150,000, it grows to $6,000/yr. At $300,000, the difference is $12,000/yr.

Do Alaska and Mississippi have the same federal taxes?

Yes. Federal income tax, Social Security, and Medicare are the same in every state. Only state income tax differs. This calculator shows the combined effect of federal and state taxes on your take-home pay.

Is it cheaper to live in Alaska or Mississippi?

Mississippi is cheaper to live in. Cost of living in Alaska is 21% higher than in Mississippi. Alaska's Regional Price Parity is 104.2 and Mississippi's is 86.1 (US average = 100).

Is Mississippi cheaper than Alaska?

Yes. Mississippi has a lower cost of living than Alaska (index 86.1 vs 104.2). Housing is typically the biggest difference between the two states.

Is Alaska more expensive than Mississippi?

Yes. Alaska has a higher cost of living (index 104.2) compared to Mississippi (index 86.1). The national average is 100. Housing costs are typically the largest driver of the difference.

After cost of living, which state is actually cheaper?

At a $100,000 salary, take-home pay of $79,180 in Alaska has the purchasing power of $95,825 in Mississippi terms. Conversely, $75,180 in Mississippi equals $62,121 in Alaska terms. After adjusting for both taxes and cost of living, Alaska comes out ahead.

Alaska vs Mississippi cost of living — what's the difference?

The overall cost of living is 18% different between Alaska and Mississippi. Living costs are 4% above the national average Living costs are 14% below the national average, the lowest in the US After taxes and cost of living, Alaska gives you more purchasing power on a $100,000 salary.

Do I need to file state tax returns in both Alaska and Mississippi?

Alaska has no state income tax, so residents do not file a state tax return. Mississippi requires residents to file a state income tax return annually, typically due April 15. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there. Each state has its own tax return form — check your state's department of revenue website for the correct form and e-filing options.

Related tools

Alaska Paycheck Estimator · Mississippi Paycheck Estimator · All states