Alaska
Low tax burden · COL index 126
Wins 7 categories
New Jersey
Very High tax burden · COL index 121
Wins 6 categories
Alaska has no state income tax. New Jersey's top rate is 10.75%. Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Alaska's 1.04%. The median home in New Jersey costs $500K vs $340K in Alaska. Politically, Alaska voted Republican in 2024 (R+13.0) while New Jersey went Democratic (D+6.0).
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Category wins
7
Alaska
6
New Jersey
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Is Alaska more affordable to live in than New York?
Overall cost of living in New York, NY is 90.5% higher than in Anchorage, AK. The average listing price for a home in New York, NY is $3,020,778, which is 290.8% higher than Anchorage, AK.
Why are people moving away from New Jersey?
What salary do you need to live comfortably in Alaska?
Typical Expenses
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