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FAIRBANKS vs. ELY
Cost of Living Comparison

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

The cost of living in Ely, Minnesota is 18.2% cheaper than Fairbanks, Alaska.

You would need a salary of $61,329 in Ely, Minnesota to maintain the standard of living you have in Fairbanks, Alaska.

Comparison highlights

• Overall, Ely, Minnesota is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
26% cheaper in Ely
than in Fairbanks, Alaska

Fairbanks, AK vs Ely, MN

Compared to Fairbanks, Ely is:

Homeowner

No Child Care, Taxes not Considered

18.2% 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

28.9% lower

Housing (Homeowner)

51.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

30.4% lower

Commute

14.8% higher

Health

32.6% lower

Taxes

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Childcare

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Personal

14.8% lower

Cost of Food

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