San Francisco is 136% more expensive than Anchorage.
When comparing San Francisco, CA and Anchorage, AK, the overall cost of living indices are 267 and 113 respectively (national median = 100). Rent is $966/month cheaper in Anchorage, saving renters about $11,592/year.
Median household income is $43,294/year higher in San Francisco. Home values also differ significantly — the median in San Francisco is $1,380,500 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.
San Francisco vs Anchorage — common questions
Other cost of living comparisons for San Francisco and Anchorage