San Jose is 125% more expensive than Anchorage.
When comparing San Jose, CA and Anchorage, AK, the overall cost of living indices are 254 and 113 respectively (national median = 100). Rent is $1,164/month cheaper in Anchorage, saving renters about $13,968/year.
Median household income is $43,413/year higher in San Jose. Home values also differ significantly — the median in San Jose is $1,187,800 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 Jose vs Anchorage — common questions
Other cost of living comparisons for San Jose and Anchorage