Cost of Living Comparison Between Fairbanks, AK and Anchorage, AK 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Anchorage, AK are 10.4% lower than in Fairbanks, AK | |
| Restaurant Prices in Anchorage, AK are 14.2% lower than in Fairbanks, AK | |
| Groceries Prices in Anchorage, AK are 15.7% lower than in Fairbanks, AK | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Fairbanks, AK Edit |
Anchorage, AK Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 25.00 $ | 21.00 $ | -16.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 87.50 $ | 80.50 $ | -8.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 14.00 $ | 11.00 $ | -21.4 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 7.00 $ | -12.5 % |
| Imported Beer (12 oz small bottle) | 10.00 $ | 7.50 $ | -25.0 % |
| Cappuccino (regular) | 6.50 $ | 5.12 $ | -21.2 % |
| Coke/Pepsi (12 oz small bottle) | 2.83 $ | 2.50 $ | -11.8 % |
| Water (12 oz small bottle) | 2.00 $ | 2.67 $ | +33.2 % |
Markets | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Milk (regular), (1 gallon) | 4.25 $ | 4.31 $ | +1.4 % |
| Loaf of Fresh White Bread (1 lb) | 4.77 $ | 3.72 $ | -22.0 % |
| Rice (white), (1 lb) | 2.37 $ | 2.11 $ | -11.1 % |
| Eggs (regular) (12) | 3.30 $ | 3.41 $ | +3.4 % |
| Local Cheese (1 lb) | 8.12 $ | 5.09 $ | -37.3 % |
| Chicken Fillets (1 lb) | 7.67 $ | 8.97 $ | +17.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.75 $ | 9.37 $ | -3.9 % |
| Apples (1 lb) | 4.62 $ | 2.81 $ | -39.2 % |
| Banana (1 lb) | 1.39 $ | 0.92 $ | -33.7 % |
| Oranges (1 lb) | 4.75 $ | 3.10 $ | -34.7 % |
| Tomato (1 lb) | 3.37 $ | 3.35 $ | -0.7 % |
| Potato (1 lb) | 1.87 $ | 0.73 $ | -61.0 % |
| Onion (1 lb) | 2.23 $ | 1.39 $ | -37.5 % |
| Lettuce (1 head) | 2.95 $ | 2.83 $ | -3.9 % |
| Water (1.5 liter bottle) | 2.00 $ | 2.79 $ | +39.7 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 15.99 $ | +6.6 % |
| Domestic Beer (0.5 liter bottle) | 1.73 $ | 1.73 $ | +0.0 % |
| Imported Beer (12 oz small bottle) | 1.00 $ | 3.85 $ | +285.0 % |
| Cigarettes 20 Pack (Marlboro) | 11.19 $ | 10.82 $ | -3.3 % |
Transportation | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| One-way Ticket (Local Transport) | 1.50 $ | 2.00 $ | +33.3 % |
| Monthly Pass (Regular Price) | 40.00 $ | 60.00 $ | +50.0 % |
| Taxi Start (Normal Tariff) | 3.12 $ | 2.75 $ | -12.0 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 2.75 $ | -21.4 % |
| Taxi 1hour Waiting (Normal Tariff) | 41.50 $ | 38.00 $ | -8.4 % |
| Gasoline (1 gallon) | 3.99 $ | 4.21 $ | +5.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | ? | 34,339.50 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | ? | 27,106.00 $ | |
Utilities (Monthly) | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 165.00 $ | 348.11 $ | +111.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 66.00 $ | 51.17 $ | -22.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 115.00 $ | 126.40 $ | +9.9 % |
Sports And Leisure | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 100.00 $ | 114.75 $ | +14.7 % |
| Tennis Court Rent (1 Hour on Weekend) | ? | 40.00 $ | |
| Cinema, International Release, 1 Seat | 16.99 $ | 14.50 $ | -14.7 % |
Childcare | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | ? | 962.50 $ | |
| International Primary School, Yearly for 1 Child | ? | 10,350.00 $ | |
Clothing And Shoes | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 60.00 $ | 52.25 $ | -12.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 40.00 $ | 45.00 $ | +12.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 85.00 $ | 92.30 $ | +8.6 % |
| 1 Pair of Men Leather Business Shoes | 120.00 $ | 76.67 $ | -36.1 % |
Rent Per Month | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Apartment (1 bedroom) in City Centre | 1,650.00 $ | 1,335.25 $ | -19.1 % |
| Apartment (1 bedroom) Outside of Centre | 1,500.00 $ | 1,142.90 $ | -23.8 % |
| Apartment (3 bedrooms) in City Centre | 2,266.67 $ | 2,183.56 $ | -3.7 % |
| Apartment (3 bedrooms) Outside of Centre | 2,000.00 $ | 1,983.33 $ | -0.8 % |
Buy Apartment Price | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 175.03 $ | 249.15 $ | +42.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 175.03 $ | 232.84 $ | +33.0 % |
Salaries And Financing | Fairbanks, AK Edit |
Anchorage, AK Edit | |
| Average Monthly Net Salary (After Tax) | 5,416.67 $ | 4,517.50 $ | -16.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 | 6.56 | +0.4 % |
| Last update: | February 2024 | April 2024 | |
| Contributors in the past 12 months: | 12 | 33 |
Moving to Fairbanks, AK? Explore:
Moving to Anchorage, AK? Explore:
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