Irvine is 127% more expensive than Anchorage.
When comparing Irvine, CA and Anchorage, AK, the overall cost of living indices are 256 and 113 respectively (national median = 100). Rent is $1,440/month cheaper in Anchorage, saving renters about $17,280/year.
Median household income is $31,495/year higher in Irvine. Home values also differ significantly — the median in Irvine is $1,115,400 compared to $375,900 in Anchorage.
Alaska has no state income tax, giving Anchorage residents a significant tax advantage over California's 13.3% rate.
Irvine vs Anchorage — common questions
Other cost of living comparisons for Irvine and Anchorage