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FAIRBANKS vs. PRIOR LAKE
Cost of Living Comparison

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Cost of Living Calculator - Fairbanks, Alaska vs Prior Lake, Minnesota

The cost of living in Prior Lake, Minnesota is 13.7% more expensive than Fairbanks, Alaska.

You would need a salary of $85,295 in Prior Lake, Minnesota to maintain the standard of living you have in Fairbanks, Alaska.

Comparison highlights

• Overall, Prior Lake, Minnesota is more expensive than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
76% more expensive in Prior Lake
than in Fairbanks, Alaska

Fairbanks, AK vs Prior Lake, MN

Compared to Fairbanks, Prior Lake is:

Homeowner

No Child Care, Taxes not Considered

13.7% higher

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

22.4% lower

Housing (Homeowner)

36.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

28.9% lower

Commute

48.5% higher

Health

41.2% lower

Taxes

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Childcare

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Personal

9.5% lower

Cost of Food

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