Fairbanks, Alaska vs. Rio Rancho, New Mexico

Cost of Living Comparison

The cost of living in Rio Rancho, New Mexico is 7.8% cheaper than Fairbanks, Alaska.

You would need a salary of $55,294 in Rio Rancho, New Mexico to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Rio Rancho, New Mexico is cheaper than Fairbanks, Alaska
• Health is the biggest factor in the cost of living difference.
Health
37% cheaper in Rio Rancho
than in Fairbanks, Alaska
Fairbanks, AK vs. Rio Rancho, NM
Compared to Fairbanks, Rio Rancho is:
  Homeowner
      No Child Care, Taxes not Considered
  7.8% lower
      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
  28.3% lower
  Housing (Homeowner)
  23.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  25.7% lower
  Commute
  32.8% higher
  Health
  37.5% lower
  Taxes
  Childcare
  Personal
  12.8% lower