Alaska
Low tax burden · COL index 126
Wins 4 categories
South Carolina
Moderate tax burden · COL index 93
Wins 7 categories
Alaska has no state income tax. South Carolina's top rate is 6.2%. Cost of living in Alaska (index 126) runs 35% higher than South Carolina (index 93). Property taxes are meaningfully different: Alaska averages 1.04% annually vs South Carolina's 0.43%.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
4
Alaska
7
South Carolina
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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.
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