Fairbanks, Alaska vs. Anchorage, Alaska

Cost of Living Comparison

The cost of living in Anchorage, Alaska is 13.7% more expensive than Fairbanks, Alaska.

You would need a salary of $83,020 in Anchorage, Alaska to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Anchorage, Alaska is more expensive than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
24% more expensive in Anchorage
than in Fairbanks, Alaska
Fairbanks, AK vs. Anchorage, AK
Compared to Fairbanks, Anchorage is:
  Homeowner
      No Child Care, Taxes not Considered
  13.7% 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
  8.0% lower
  Housing (Homeowner)
  35.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  19.4% lower
  Commute
  39.3% higher
  Health
  2.1% lower
  Taxes
  Childcare
  Personal
  4.0% higher