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Alaska vs Colorado Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$59,195

in Alaska

$72,745

in Colorado

Alaska
Colorado

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $30,591 (40.8%)Groceries: $12,188 (16.3%)Utilities: $8,216 (11.0%)Transportation: $14,424 (19.2%)Healthcare: $8,352 (11.1%)Dining & Misc: $9,195 (12.3%)Savings: $9,750 (13.0%)Alaska$59,195Alaska
Housing: $26,928 (35.9%)Groceries: $9,867 (13.2%)Utilities: $4,641 (6.2%)Transportation: $11,700 (15.6%)Healthcare: $6,378 (8.5%)Dining & Misc: $7,785 (10.4%)Savings: $9,750 (13.0%)Colorado$72,745Colorado
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$340,000vs$530,000
Alaska
Colorado
56% more
Avg 2BR rent$1,730/movs$1,523/mo
Alaska
14% more
Colorado
Groceries
Index
Alaska
24% more
Colorado
Transportation
Regular gas$3.95/galvs$3.53/gal
Alaska
12% more
Colorado
Utilities
Electric bill$196/movs$107/mo
Alaska
84% more
Colorado
Healthcare
Index
Alaska
31% more
Colorado
Childcare
Infant childcare$20,943/yrvs$21,840/yr
Alaska
Colorado
4% more

Category breakdown

Category Alaska Colorado Difference
Housing 123.6 108.8 +14%
Groceries 125.0 101.2 +24%
Utilities 156.5 88.4 +77%
Transportation 120.2 97.5 +23%
Healthcare 139.2 106.3 +31%
Dining & Misc 122.6 103.8 +18%
Overall 126.7 103.1 +23%

Index values relative to national average (100). Positive difference = more expensive in Alaska.

What things actually cost

Item Alaska Colorado Difference
Median home price $340,000 $530,000 $190,000
Average 2BR rent $1,730/mo $1,523/mo +$207
Gas price $3.95/gal $3.53/gal +$0.42
Electric bill $196/mo $107/mo +$89
Infant childcare $20,943/yr $21,840/yr $897

Salary equivalent: Alaska → Colorado

What a Alaska salary buys you in Colorado, adjusted for cost of living.

Salary in Alaska Equivalent in Colorado Difference
$50,000 $40,687 +$9,313
$75,000 $61,030 +$13,970
$100,000 $81,373 +$18,627
$150,000 $122,060 +$27,940
$200,000 $162,747 +$37,253

Positive = your money goes further in Colorado. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Alaska is 23% more expensive than Colorado overall. Alaska has an index of 126.7 vs 103.1 for Colorado (national average = 100).

FAQ

Is it cheaper to live in Alaska or Colorado?

Colorado is cheaper to live in. Alaska is 23% more expensive overall. The biggest driver is housing — median home prices are $340,000 in Alaska vs $530,000 in Colorado.

Is Colorado cheaper than Alaska?

Yes, Colorado is 23% cheaper than Alaska overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Alaska more expensive than Colorado?

Yes, Alaska is 23% more expensive than Colorado based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Colorado equals $100,000 in Alaska?

To maintain the same purchasing power as a $100,000 salary in Alaska, you would need approximately $81,373 in Colorado. This is based on the overall cost-of-living index (126.7 vs 103.1).

How do housing costs compare between Alaska and Colorado?

Housing is significantly cheaper in Alaska. Median home prices are $340,000 in Alaska vs $530,000 in Colorado — a $190,000 difference. Average 2-bedroom rent is $1,730/mo vs $1,523/mo.

What costs more in Alaska vs Colorado?

Utilities is 77% higher in Alaska (index 156.5 vs 88.4). Healthcare is 31% higher in Alaska (index 139.2 vs 106.3). Groceries is 24% higher in Alaska (index 125 vs 101.2).

Is gas cheaper in Alaska or Colorado?

Gas averages $3.95/gallon in Alaska and $3.53/gallon in Colorado — a $0.42 difference per gallon.

Alaska vs Colorado cost of living — how do they compare?

Alaska has an overall cost-of-living index of 126.7 and Colorado has 103.1 (national average = 100). Alaska is 23% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Alaska and Colorado?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Alaska vs Colorado paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.