Anchorage is 50% cheaper than Thousand Oaks.
When comparing Anchorage, AK and Thousand Oaks, CA, the overall cost of living indices are 113 and 226 respectively (national median = 100). Rent is $1,127/month cheaper in Anchorage, saving renters about $13,524/year.
Median household income is $36,215/year higher in Thousand Oaks. Home values also differ significantly — the median in Anchorage is $375,900 compared to $951,200 in Thousand Oaks.
Alaska has no state income tax, giving Anchorage residents a significant tax advantage over California's 13.3% rate.
Anchorage vs Thousand Oaks — common questions
Other cost of living comparisons for Anchorage and Thousand Oaks