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2024 Compare Cities Cost of Living:
Fairbanks, AK vs Anchorage, AK

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Highlights
Is it cheaper to live in Anchorage or is it cheaper to live in Fairbanks?
- Anchorage is 11.1% more expensive than Fairbanks.

Which city has more affordable housing, Anchorage or Fairbanks?
- Anchorage housing costs are 41.0% more expensive than Fairbanks housing costs.

Is Health Care more affordable in Fairbanks or is Health Care more affordable in Anchorage.
- Health related expenses are 2.1% less in Anchorage.
 Fairbanks, AKAnchorage, AKUnited States
 Overall104.0115.5100
 Food & Groceries133.0122.3100
 Health128.1125.4100
 Housing82.9116.9100
 Median Home Cost$275,600$344,400$338,100
 Utilities13,410.0%10,810.0%10,000.0%
 Transportation75.1104.6100
 Miscellaneous136.3138.2100

100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Fairbanks    20 Reviews

I have lived in the Fairbanks area for about 25 years and have become very comfortable with the community and the lifestyle here. That said, retirement is fast  More

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Over 13 years ago

Comments about Fairbanks, both positive and negative, are of interest to me. Was in Fairbanks this past March [and north on Cleary Summit] and fell in love with the  More

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Over 14 years ago

I came to Alaska 15 years ago on an adventure and first lived in Juneau, which I LOVED and then moved to Eagle River, which I loved and now live in Fairbanks! I do not  More

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Reviews for Anchorage    83 Reviews

Anchorage had potential but with the massive amount of homeless the petty crime is on the rise. I chose to live in a town outside of Anchorage rather than the city for  More

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I lived in Anchorage for the better part of the 2010's. Pros: o Beautiful, mountain and ocean views; close to many hiking trails, campsites, fishing grounds,  More

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it's nice, i liked it when i grew up there. kinda wish i could move back, but i didn't really like being isolated from all the things like nordstrom, trader joe's,  More

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ZIPS IN FAIRBANKS, ALASKA
99701 99703
ZIPS IN ANCHORAGE, ALASKA
99504, 99507, 99508, 99577, 99502, 99515, 99516, 99501, 99517, 99503, 17 total

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