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MINNEAPOLIS vs. FAIRBANKS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
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Cost of Living Calculator - Minneapolis, Minnesota vs Fairbanks, Alaska
The cost of living in Fairbanks, Alaska is
2.9%
cheaper
than Minneapolis, Minnesota.
You would need a salary of
$194,286
in Fairbanks, Alaska to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Fairbanks, Alaska is
cheaper
than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
6% cheaper in Fairbanks
than in Minneapolis, Minnesota
Minneapolis, MN vs Fairbanks, AK
Compared to Minneapolis, Fairbanks is:
Homeowner
No Child Care, Taxes not Considered
2.9% 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
31.4% higher
Housing (Homeowner)
8.9% lower
Housing (Rent)
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Median Home Cost
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Utilities
34.5% higher
Commute
30.8% lower
Health
69.0% higher
Taxes
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Childcare
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Personal
9.4% higher
Cost of Food
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