State Comparison

Alaska vs Washington

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

7
Alaska
AK
1 tied
of 16 metrics
8
Washington
WA

Cost of Living

Cost of Living Index
AK: 125.9
WA: 110.7
WA

Housing

Median Home Price
AK: $330,000
WA: $560,000
AK
Median 2BR Rent
AK: $1,285/mo
WA: $1,695/mo
AK
Closing Costs
AK: 2.80%
WA: 2.50%
WA
Transfer Tax Rate
AK: 0.00%
WA: 1.10%
AK

Taxes

Property Tax Rate
AK: 1.04%
WA: 0.87%
WA
Top Income Tax Rate
AK: None
WA: None
Tie
Sales Tax Rate
AK: 0.00%
WA: 6.50%
AK
Capital Gains Tax Rate
AK: None
WA: 7.00%
AK

Income & Employment

Median Household Income
AK: $77,790
WA: $82,228
WA
Minimum Wage
AK: $11.73/hr
WA: $16.66/hr
WA
Max Unemployment Benefit
AK: $370/wk
WA: $929/wk
WA

Business

LLC Filing Fee
AK: $250
WA: $180
WA
LLC Annual Fee
AK: $100
WA: $60
WA

Insurance & Living

Avg Car Insurance
AK: $1,520/yr
WA: $1,680/yr
AK
Avg Home Insurance
AK: $1,350/yr
WA: $1,420/yr
AK

Key Takeaways

  • 1

    Washington leads in 8 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $330,000 in Alaska vs $560,000 in Washington — a $230,000 difference.

  • 3

    Taxes: Alaska has no income tax while Washington has no income tax. Property tax rates are 1.04% vs 0.87%.

  • 4

    Cost of Living: Alaska's index is 125.9 and Washington's is 110.7 (national average = 100).

Frequently Asked Questions

Is Alaska or Washington more affordable?

Washington has a lower cost of living index (110.7) compared to Alaska (125.9), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — Alaska or Washington?

Overall, Alaska has a lower combined tax burden. Alaska has no income tax, 0% sales tax, and 1.04% property tax. Washington has no income tax, 6.5% sales tax, and 0.87% property tax.

What are housing costs in Alaska vs Washington?

The median home price in Alaska is $330,000 compared to $560,000 in Washington. For renters, a 2-bedroom apartment averages $1,285/month in Alaska vs $1,695/month in Washington.

Which state is better for starting a business — Alaska or Washington?

LLC filing costs are $250 in Alaska vs $180 in Washington, with annual fees of $100 and $60 respectively. Alaska's lack of income tax compared to Washington's tax-free status may also factor into your decision.

Should I move from Alaska to Washington?

It depends on your priorities. Washington wins in 8 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing Alaska and Washington

When deciding between living in Alaska or Washington, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

Alaska (AK) has a median household income of $77,790 with a cost of living index of 125.9. Washington (WA) has a median household income of $82,228 with a cost of living index of 110.7.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free Alaska calculator or Washington calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.