Santa Fe, New Mexico vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 10.5% cheaper than Santa Fe, New Mexico.

You would need a salary of $63,526 in Fairbanks, Alaska to maintain the standard of living you have in Santa Fe, New Mexico.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Santa Fe, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Fairbanks
than in Santa Fe, New Mexico
Santa Fe, NM vs. Fairbanks, AK
Compared to Santa Fe, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  10.5% 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
  31.7% higher
  Housing (Homeowner)
  35.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  34.6% higher
  Commute
  6.4% lower
  Health
  55.8% higher
  Taxes
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  Childcare
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  Personal
  11.4% higher
Cost of Food
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