Cost of Living Calculator - Shafer, Minnesota vs Fairbanks, Alaska


The cost of living in Fairbanks, Alaska is 3.1% cheaper than Shafer, Minnesota.

You would need a salary of $67,806 in Fairbanks, Alaska to maintain the standard of living you have in Shafer, Minnesota.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Shafer, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
6% cheaper in Fairbanks
than in Shafer, Minnesota
Shafer, MN vs Fairbanks, AK
Compared to Shafer, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  3.1% 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
  35.2% higher
  Housing (Homeowner)
  19.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  31.1% higher
  Commute
  40.8% lower
  Health
  62.4% higher
  Taxes
  Childcare
  Personal
  17.3% higher

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