Houghton, Michigan vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 18.7% more expensive than Houghton, Michigan.

You would need a salary of $59,371 in Fairbanks, Alaska to maintain the standard of living you have in Houghton, Michigan.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Houghton, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% more expensive in Fairbanks
than in Houghton, Michigan
Houghton, MI vs. Fairbanks, AK
Compared to Houghton, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  18.7% higher
      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
  42.2% higher
  Housing (Homeowner)
  52.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.6% higher
  Commute
  3.7% lower
  Health
  6.0% higher
  Taxes
  Childcare
  Personal
  27.0% higher