Silver Spring, Maryland vs. Fairbanks, Alaska

Cost of Living Comparison

The cost of living in Fairbanks, Alaska is 22.0% cheaper than Silver Spring, Maryland.

You would need a salary of $70,183 in Fairbanks, Alaska to maintain the standard of living you have in Silver Spring, Maryland.
Comparison highlights
• Overall, Fairbanks, Alaska is cheaper than Silver Spring, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Fairbanks
than in Silver Spring, Maryland
Silver Spring, MD vs. Fairbanks, AK
Compared to Silver Spring, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  22.0% 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
  18.0% higher
  Housing (Homeowner)
  39.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  22.6% higher
  Commute
  46.7% lower
  Health
  47.6% higher
  Taxes
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  Childcare
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  Personal
  20.1% higher
Cost of Food
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