Anchorage, Alaska vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 12.1% cheaper than Anchorage, Alaska.

You would need a salary of $43,966 in Fairbanks, Alaska to maintain the standard of living you have in Anchorage, Alaska.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Anchorage, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Fairbanks
than in Anchorage, Alaska
Anchorage, AK vs. Fairbanks, AK
Compared to Anchorage, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  12.1% 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
  8.7% higher
  Housing (Homeowner)
  26.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  24.1% higher
  Commute
  28.2% lower
  Health
  2.2% higher
  Taxes
  Childcare
  Personal
  3.8% lower