Cost of living in AK can be VERY high. Think you said you are in Michigan- compared to, say, Flint, Anchorage is about 70% HIGHER cost of living. IMHO, Alaska has 3 cities- Anchorage, Juneau, and Fairbanks- other places are more towns than cities.
Here is a website that will let you put two cities in and compare cost of living-
Note that cost of housing in Anchorage is about 340% higher than Flint....