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FAIRBANKS vs. FARMINGTON
Cost of Living Comparison

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Cost of Living Calculator - Fairbanks, Alaska vs Farmington, New Mexico

The cost of living in Farmington, New Mexico is 23.2% cheaper than Fairbanks, Alaska.

You would need a salary of $57,575 in Farmington, New Mexico to maintain the standard of living you have in Fairbanks, Alaska.

Comparison highlights

• Overall, Farmington, New Mexico is cheaper than Fairbanks, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
21% cheaper in Farmington
than in Fairbanks, Alaska

Fairbanks, AK vs Farmington, NM

Compared to Fairbanks, Farmington is:

Homeowner

No Child Care, Taxes not Considered

23.2% lower

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

28.2% lower

Housing (Homeowner)

22.4% lower

Housing (Rent)

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Median Home Cost

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Utilities

34.5% lower

Commute

4.1% higher

Health

34.6% lower

Taxes

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Childcare

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Personal

19.3% lower

Cost of Food

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