Cost of Living Calculator - Ely, Minnesota vs Fairbanks, Alaska


The cost of living in Fairbanks, Alaska is 22.3% more expensive than Ely, Minnesota.

You would need a salary of $91,733 in Fairbanks, Alaska to maintain the standard of living you have in Ely, Minnesota.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Ely, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
36% more expensive in Fairbanks
than in Ely, Minnesota
Ely, MN vs Fairbanks, AK
Compared to Ely, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  22.3% 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
  40.6% higher
  Housing (Homeowner)
  107.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  43.6% higher
  Commute
  12.9% lower
  Health
  48.4% higher
  Taxes
  Childcare
  Personal
  17.3% higher

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