Lapeer, Michigan vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 12.0% more expensive than Lapeer, Michigan.

You would need a salary of $55,982 in Fairbanks, Alaska to maintain the standard of living you have in Lapeer, Michigan.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Lapeer, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% more expensive in Fairbanks
than in Lapeer, Michigan
Lapeer, MI vs. Fairbanks, AK
Compared to Lapeer, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  12.0% 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
  41.0% higher
  Housing (Homeowner)
  56.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  35.6% higher
  Commute
  37.7% lower
  Health
  60.3% higher
  Taxes
  Childcare
  Personal
  21.6% higher