Fairbanks, Alaska vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 24.0% cheaper than Fairbanks, Alaska.

You would need a salary of $75,980 in Memphis, Tennessee to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Memphis
than in Fairbanks, Alaska
Fairbanks, AK vs. Memphis, TN
Compared to Fairbanks, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  24.0% 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
  29.8% lower
  Housing (Homeowner)
  65.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  28.2% lower
  Commute
  25.8% higher
  Health
  24.4% lower
  Taxes
  Childcare
  Personal
  25.6% lower