Covington, Kentucky vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 25.2% more expensive than Covington, Kentucky.

You would need a salary of $122,650 in Fairbanks, Alaska to maintain the standard of living you have in Covington, Kentucky.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Covington, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
62% more expensive in Fairbanks
than in Covington, Kentucky
Covington, KY vs. Fairbanks, AK
Compared to Covington, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  25.2% 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
  36.7% higher
  Housing (Homeowner)
  143.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  46.2% higher
  Commute
  21.4% lower
  Health
  18.3% higher
  Taxes
  Childcare
  Personal
  34.2% higher