Alaska
Low tax burden · COL index 126
Wins 5 categories
Colorado
Moderate tax burden · COL index 110
Wins 8 categories
Alaska has no state income tax. Colorado's top rate is 4.4%. Cost of living in Alaska (index 126) runs 15% higher than Colorado (index 110). Property taxes are meaningfully different: Alaska averages 1.04% annually vs Colorado's 0.48%. The median home in Colorado costs $545K vs $340K in Alaska.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
5
Alaska
8
Colorado
Run the full slider tool to score these states against your specific income, home value, retirement, and lifestyle priorities.
Score For My Profile →People Also Ask
Do you get $1000 for living in Alaska?
Alaska has one of the longest-running incentive programs in the country: the Permanent Dividend Fund. Started in 1976, it pays every resident an annual stipend as long as they lived in Alaska during the previous calendar year. The amount depends on the state's annual revenue, but averages around $1,600.
Is it more expensive to live in Alaska or Colorado?
What I wish I knew before moving to Alaska?
Not only should you be prepared for the cold, but you should also be ready for rapidly changing weather, too. Many people think Alaska is cold year-round. And while that's not true, there are long stretches of cold, wintry days. It's essential to be prepared before moving there with a warm jacket and waterproof boots.
What is the downfall of living in Colorado?
Colorado Is Not a Very Diverse State And unfortunately, this has been one of the downsides of living in Colorado. While the people of Colorado are some of the most open-minded and accepting, it isn't the most diverse place to live.