Alaska
Low tax burden · COL index 126
Wins 8 categories
New Jersey
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).
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
8
Alaska
6
New Jersey
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Do you get $1000 for living in Alaska?
Is Alaska more expensive than New Jersey?
New Jersey is 20.6% more expensive than Alaska. The cost of childcare, transportation, clothing, and housing in New Jersey are more expensive than in Alaska. Expenses including restaurants, entertainment and sports, and groceries are lower in New Jersey. Notably, childcare is significantly more expensive in New Jersey.
Why are people moving away from New Jersey?
What US state is most similar to Alaska?