Albuquerque, New Mexico vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 12.3% more expensive than Albuquerque, New Mexico.

You would need a salary of $112,335 in Fairbanks, Alaska to maintain the standard of living you have in Albuquerque, New Mexico.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Albuquerque, New Mexico
• Health is the biggest factor in the cost of living difference.
Health
60% more expensive in Fairbanks
than in Albuquerque, New Mexico
Albuquerque, NM vs. Fairbanks, AK
Compared to Albuquerque, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  12.3% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  38.5% higher
  Housing (Homeowner)
  21.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  38.0% higher
  Commute
  16.0% lower
  Health
  60.5% higher
  Taxes
  Childcare
  Personal
  21.9% higher