Cost of Living Calculator - Fairbanks, Alaska vs Park Rapids, Minnesota


The cost of living in Park Rapids, Minnesota is 18.0% cheaper than Fairbanks, Alaska.

You would need a salary of $61,473 in Park Rapids, Minnesota to maintain the standard of living you have in Fairbanks, Alaska.
Comparison highlights
• Overall, Park Rapids, Minnesota is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
2% cheaper in Park Rapids
than in Fairbanks, Alaska
Fairbanks, AK vs Park Rapids, MN
Compared to Fairbanks, Park Rapids is:
  Homeowner
      No Child Care, Taxes not Considered
  18.0% 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
  26.0% lower
  Housing (Homeowner)
  19.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  32.8% lower
  Commute
  0.9% lower
  Health
  38.9% lower
  Taxes
  Childcare
  Personal
  16.6% lower

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