Prescott, Arizona vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 16.5% cheaper than Prescott, Arizona.

You would need a salary of $41,769 in Fairbanks, Alaska to maintain the standard of living you have in Prescott, Arizona.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Prescott, Arizona
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Fairbanks
than in Prescott, Arizona
Prescott, AZ vs. Fairbanks, AK
Compared to Prescott, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  16.5% 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
  32.9% higher
  Housing (Homeowner)
  32.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  31.1% higher
  Commute
  9.4% lower
  Health
  1.1% lower
  Taxes
  Childcare
  Personal
  22.3% higher