Fairbanks, Alaska vs. Somerset, Kentucky

Cost of Living Comparison

The cost of living in Somerset, Kentucky is 23.8% cheaper than Fairbanks, Alaska.

You would need a salary of $95,221 in Somerset, Kentucky to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Somerset, Kentucky is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Somerset
than in Fairbanks, Alaska
Fairbanks, AK vs. Somerset, KY
Compared to Fairbanks, Somerset is:
  Homeowner
      No Child Care, Taxes not Considered
  23.8% 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
  29.6% lower
  Housing (Homeowner)
  48.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  30.7% lower
  Commute
  10.4% lower
  Health
  18.6% lower
  Taxes
  Childcare
  Personal
  20.4% lower