Lakewood, Washington vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 14.5% cheaper than Lakewood, Washington.

You would need a salary of $74,384 in Fairbanks, Alaska to maintain the standard of living you have in Lakewood, Washington.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Lakewood, Washington
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
40% cheaper in Fairbanks
than in Lakewood, Washington
Lakewood, WA vs. Fairbanks, AK
Compared to Lakewood, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  14.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  32.5% higher
  Housing (Homeowner)
  24.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  92.9% higher
  Commute
  36.8% lower
  Health
  45.1% higher
  Taxes
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  Childcare
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  Personal
  2.6% higher
Cost of Food
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