Cost of Living Calculator - Fairbanks, Alaska vs Hancock, Michigan


The cost of living in Hancock, Michigan is 21.0% cheaper than Fairbanks, Alaska.

You would need a salary of $31,608 in Hancock, Michigan to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Hancock, Michigan is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
44% cheaper in Hancock
than in Fairbanks, Alaska
Fairbanks, AK vs Hancock, MI
Compared to Fairbanks, Hancock is:
  Homeowner
      No Child Care, Taxes not Considered
  21.0% 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
  31.0% lower
  Housing (Homeowner)
  50.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  9.6% lower
  Commute
  3.6% higher
  Health
  5.6% lower
  Taxes
  Childcare
  Personal
  21.6% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.