Groton, Connecticut vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 3.3% cheaper than Groton, Connecticut.

You would need a salary of $77,346 in Fairbanks, Alaska to maintain the standard of living you have in Groton, Connecticut.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Groton, Connecticut
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Fairbanks
than in Groton, Connecticut
Groton, CT vs. Fairbanks, AK
Compared to Groton, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  3.3% 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
  25.8% higher
  Housing (Homeowner)
  11.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  19.0% higher
  Commute
  23.2% lower
  Health
  14.1% higher
  Taxes
  Childcare
  Personal
  10.0% higher