Living Cost Compare
Alaska

1 cities tracked

$1,052median 1BR

vs
Colorado

3 cities tracked

$1,305median 1BR

Median one-bedroom rent across the cities we track is $1,052 in Alaska versus $1,305 in Colorado. Overall, Alaska runs roughly 19% cheaper on rent than Colorado, its main day-to-day cost driver.

Median household income across tracked cities is $98,152 in Alaska and $85,364 in Colorado — about 13% higher in Alaska. Alaska has no state income tax and no state sales tax; Colorado has a top state income tax rate of 4.40% and a 2.9% state sales tax.

State Taxes

Sales Tax
None
2.9%
+2.9 pp in Colorado
Income Tax (top rate)
None
4.40%
+4.4 pp in Colorado

Housing (median across tracked cities)

Median 1BR Rent
$1,052
$1,305
+24% in Colorado
Median Home Value
$375,900
$586,700
+56% in Colorado

Income (median across tracked cities)

Median Household Income
$98,152
$85,364
+13% in Alaska

Climate (median across tracked cities)

Avg Annual Temperature
37.4°F
50.2°F
+12.8°F in Colorado

Alaska vs Colorado — FAQ

Is it cheaper to live in Alaska or Colorado?
Alaska is cheaper on rent — its median one-bedroom of $1,052 runs about 19% below Colorado's $1,305, based on the cities we track in each state.
How much more do you need to earn to live in Alaska than in Colorado?
To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $42,000 a year in Alaska versus $52,000 in Colorado.
Which has lower taxes, Alaska or Colorado?
Alaska has no state income tax and no state sales tax. Colorado has a top state income tax rate of 4.40% and a 2.9% state sales tax.

Housing, income, and climate are medians across the 1/3 cities we track in Alaska/Colorado — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.