Palmer, Alaska vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 11.2% cheaper than Palmer, Alaska.

You would need a salary of $44,386 in Fairbanks, Alaska to maintain the standard of living you have in Palmer, Alaska.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Palmer, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Fairbanks
than in Palmer, Alaska
Palmer, AK vs. Fairbanks, AK
Compared to Palmer, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  11.2% lower
      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
  1.1% lower
  Housing (Homeowner)
  11.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.8% lower
  Commute
  38.2% lower
  Health
  0.7% higher
  Taxes
  Childcare
  Personal
  1.0% higher