Fairbanks, Alaska vs. Laurel, Mississippi

Cost of Living Comparison

The cost of living in Laurel, Mississippi is 29.4% cheaper than Fairbanks, Alaska.

You would need a salary of $52,941 in Laurel, Mississippi to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Laurel, Mississippi is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
55% cheaper in Laurel
than in Fairbanks, Alaska
Fairbanks, AK vs. Laurel, MS
Compared to Fairbanks, Laurel is:
  Homeowner
      No Child Care, Taxes not Considered
  29.4% 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
  28.3% lower
  Housing (Homeowner)
  54.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  24.9% lower
  Commute
  8.8% lower
  Health
  19.8% lower
  Taxes
  Childcare
  Personal
  20.0% lower