Lake Wales, Florida vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 19.0% more expensive than Lake Wales, Florida.

You would need a salary of $59,510 in Fairbanks, Alaska to maintain the standard of living you have in Lake Wales, Florida.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Lake Wales, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% more expensive in Fairbanks
than in Lake Wales, Florida
Lake Wales, FL vs. Fairbanks, AK
Compared to Lake Wales, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  19.0% 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
  30.4% higher
  Housing (Homeowner)
  80.5% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  26.0% higher
  Commute
  14.6% lower
  Health
  27.0% higher
  Taxes
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  Childcare
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  Personal
  26.1% higher
Cost of Food
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