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Alaska vs Wyoming Cost of Living

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vs

Purchasing power

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

$59,195

in Alaska

$79,281

in Wyoming

Alaska
Wyoming

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: $21,557 (28.7%)Groceries: $9,731 (13.0%)Utilities: $5,103 (6.8%)Transportation: $11,028 (14.7%)Healthcare: $5,940 (7.9%)Dining & Misc: $7,373 (9.8%)Savings: $9,750 (13.0%)Discretionary: $4,518 (6.0%)Wyoming$79,281Wyoming
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$340,000vs$305,000
Alaska
11% more
Wyoming
Avg 2BR rent$1,730/movs$1,219/mo
Alaska
42% more
Wyoming
Groceries
Index
Alaska
25% more
Wyoming
Transportation
Regular gas$3.95/galvs$3.20/gal
Alaska
23% more
Wyoming
Utilities
Electric bill$196/movs$81/mo
Alaska
143% more
Wyoming
Healthcare
Index
Alaska
41% more
Wyoming
Childcare
Infant childcare$20,943/yrvs$9,327/yr
Alaska
125% more
Wyoming

Category breakdown

Category Alaska Wyoming Difference
Housing 123.6 87.1 +42%
Groceries 125.0 99.8 +25%
Utilities 156.5 97.2 +61%
Transportation 120.2 91.9 +31%
Healthcare 139.2 99.0 +41%
Dining & Misc 122.6 98.3 +25%
Overall 126.7 94.6 +34%

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

What things actually cost

Item Alaska Wyoming Difference
Median home price $340,000 $305,000 +$35,000
Average 2BR rent $1,730/mo $1,219/mo +$511
Gas price $3.95/gal $3.20/gal +$0.75
Electric bill $196/mo $81/mo +$115
Infant childcare $20,943/yr $9,327/yr +$11,616

Salary equivalent: Alaska → Wyoming

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

Salary in Alaska Equivalent in Wyoming Difference
$50,000 $37,332 +$12,668
$75,000 $55,998 +$19,002
$100,000 $74,665 +$25,335
$150,000 $111,997 +$38,003
$200,000 $149,329 +$50,671

Positive = your money goes further in Wyoming. 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 34% more expensive than Wyoming overall. Alaska has an index of 126.7 vs 94.6 for Wyoming (national average = 100).

FAQ

Is it cheaper to live in Alaska or Wyoming?

Wyoming is cheaper to live in. Alaska is 34% more expensive overall. The biggest driver is housing — median home prices are $340,000 in Alaska vs $305,000 in Wyoming.

Is Wyoming cheaper than Alaska?

Yes, Wyoming is 34% 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 Wyoming?

Yes, Alaska is 34% more expensive than Wyoming based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

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

To maintain the same purchasing power as a $100,000 salary in Alaska, you would need approximately $74,665 in Wyoming. This is based on the overall cost-of-living index (126.7 vs 94.6).

How do housing costs compare between Alaska and Wyoming?

Housing is significantly cheaper in Wyoming. Median home prices are $340,000 in Alaska vs $305,000 in Wyoming — a $35,000 difference. Average 2-bedroom rent is $1,730/mo vs $1,219/mo.

What costs more in Alaska vs Wyoming?

Utilities is 61% higher in Alaska (index 156.5 vs 97.2). Healthcare is 41% higher in Alaska (index 139.2 vs 99). Housing is 42% higher in Alaska (index 123.6 vs 87.1).

Is gas cheaper in Alaska or Wyoming?

Gas averages $3.95/gallon in Alaska and $3.20/gallon in Wyoming — a $0.75 difference per gallon.

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

Alaska has an overall cost-of-living index of 126.7 and Wyoming has 94.6 (national average = 100). Alaska is 34% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Alaska and Wyoming?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Alaska vs Wyoming 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.