Cost of living in Alicante (Spain) is 39% cheaper than in Anchorage, Alaska (United States)
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 925 prices entered by 126 different people.
For example, to keep the same standard of living that would require $6,500 in Anchorage, Alaska you would need to make just about $3,962 (€3,454) in Alicante.