Living Cost Compare
Alaska

3 cities tracked

$1,076median 1BR

vs
Wyoming

3 cities tracked

$764median 1BR

Median one-bedroom rent across the cities we track is $1,076 in Alaska versus $764 in Wyoming. Overall, Wyoming runs roughly 29% cheaper on rent than Alaska, its main day-to-day cost driver.

Median household income across tracked cities is $98,152 in Alaska and $69,171 in Wyoming — about 30% higher in Alaska. Alaska has no state income tax and no state sales tax; Wyoming has no state income tax and a 4% state sales tax.

State Taxes

Sales Tax
None
4%
+4.0 pp in Wyoming
Income Tax (top rate)
None
None
about equal

Housing (median across tracked cities)

Median 1BR Rent
$1,076
$764
+29% in Alaska
Median Home Value
$375,900
$302,200
+20% in Alaska

Income (median across tracked cities)

Median Household Income
$98,152
$69,171
+30% in Alaska

Climate (median across tracked cities)

Avg Annual Temperature
37.4°F
45.4°F
+8.0°F in Wyoming

Alaska vs Wyoming — FAQ

Is it cheaper to live in Alaska or Wyoming?
Wyoming is cheaper on rent — its median one-bedroom of $764 runs about 29% below Alaska's $1,076, based on the cities we track in each state.
How much more do you need to earn to live in Alaska than in Wyoming?
To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $43,000 a year in Alaska versus $31,000 in Wyoming.
Which has lower taxes, Alaska or Wyoming?
Alaska has no state income tax and no state sales tax. Wyoming has no state income tax and a 4% state sales tax.

Housing, income, and climate are medians across the 3/3 cities we track in Alaska/Wyoming — 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.