Memphis, Tennessee vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 31.6% more expensive than Memphis, Tennessee.

You would need a salary of $106,606 in Fairbanks, Alaska to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
85% more expensive in Fairbanks
than in Memphis, Tennessee
Memphis, TN vs. Fairbanks, AK
Compared to Memphis, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  31.6% 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
  42.6% higher
  Housing (Homeowner)
  187.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  39.3% higher
  Commute
  20.5% lower
  Health
  32.3% higher
  Taxes
  Childcare
  Personal
  34.4% higher