Cost of Living Comparison Between Fairbanks, AK and Anchorage, AK 

Indices DifferenceInfo
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 7.38% higher than in Fairbanks, AK
Restaurant Prices in Anchorage, AK are 17.47% lower than in Fairbanks, AK
Groceries Prices in Anchorage, AK are 2.04% lower than in Fairbanks, AK
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Fairbanks, AK Edit Anchorage, AK Edit Difference
Meal, Inexpensive Restaurant 18.50 $ 14.50 $      -21.62 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 $ 62.00 $      -31.11 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.86 $ 9.80 $      -0.61 %
Domestic Beer (1 pint draught) 5.00 $ 6.00 $      +20.00 %
Imported Beer (12 oz small bottle) 7.00 $ 7.75 $      +10.71 %
Cappuccino (regular) 3.62 $ 4.36 $      +20.31 %
Coke/Pepsi (12 oz small bottle) 2.15 $ 2.14 $      -0.45 %
Water (12 oz small bottle) 1.33 $ 1.65 $      +23.50 %
Markets
Fairbanks, AK Edit Anchorage, AK Edit
Milk (regular), (1 gallon) 3.84 $ 3.94 $      +2.50 %
Loaf of Fresh White Bread (1 lb) 2.87 $ 3.41 $      +18.71 %
Rice (white), (1 lb) 3.05 $ 3.21 $      +5.17 %
Eggs (regular) (12) 3.10 $ 2.92 $      -5.79 %
Local Cheese (1 lb) 6.33 $ 7.50 $      +18.46 %
Chicken Fillets (1 lb) 5.33 $ 3.96 $      -25.79 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.49 $ 6.86 $      +5.68 %
Apples (1 lb) 2.99 $ 3.14 $      +4.76 %
Banana (1 lb) 1.55 $ 0.95 $      -38.67 %
Oranges (1 lb) 2.26 $ 2.45 $      +8.42 %
Tomato (1 lb) 2.99 $ 2.52 $      -15.63 %
Potato (1 lb) 1.52 $ 1.58 $      +4.21 %
Onion (1 lb) 1.57 $ 1.63 $      +4.03 %
Lettuce (1 head) 2.15 $ 2.40 $      +11.27 %
Water (1.5 liter bottle) 3.00 $ 2.48 $      -17.10 %
Bottle of Wine (Mid-Range) 14.50 $ 15.00 $      +3.45 %
Domestic Beer (0.5 liter bottle) 2.86 $ 2.41 $      -15.53 %
Imported Beer (12 oz small bottle) 7.00 $ 4.12 $      -41.11 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 10.00 $      0.00 %
Transportation
Fairbanks, AK Edit Anchorage, AK Edit
One-way Ticket (Local Transport) 1.25 $ 2.00 $      +60.00 %
Monthly Pass (Regular Price) 40.00 $ 60.00 $      +50.00 %
Taxi Start (Normal Tariff) 1.00 $ 2.75 $      +175.00 %
Taxi 1 mile (Normal Tariff) 3.20 $ 2.50 $      -21.87 %
Taxi 1hour Waiting (Normal Tariff) 40.00 $ 45.00 $      +12.50 %
Gasoline (1 gallon) 2.68 $ 2.72 $      +1.64 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,500.00 $ 28,000.00 $      -5.08 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,000.00 $ 21,226.60 $      -21.38 %
Utilities (Monthly)
Fairbanks, AK Edit Anchorage, AK Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 319.16 $ 296.45 $      -7.11 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) ? 0.15 $     
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 141.88 $ 124.00 $      -12.60 %
Sports And Leisure
Fairbanks, AK Edit Anchorage, AK Edit
Fitness Club, Monthly Fee for 1 Adult 85.00 $ 72.23 $      -15.02 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $ 15.00 $      -40.00 %
Cinema, International Release, 1 Seat 16.00 $ 14.00 $      -12.50 %
Childcare
Fairbanks, AK Edit Anchorage, AK Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 896.00 $ 1,040.00 $      +16.07 %
International Primary School, Yearly for 1 Child 6,000.00 $ 8,000.00 $      +33.33 %
Clothing And Shoes
Fairbanks, AK Edit Anchorage, AK Edit
1 Pair of Jeans (Levis 501 Or Similar) 47.83 $ 46.33 $      -3.14 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.25 $ 31.62 $      -31.62 %
1 Pair of Nike Running Shoes (Mid-Range) 75.80 $ 76.71 $      +1.20 %
1 Pair of Men Leather Business Shoes 101.25 $ 95.42 $      -5.76 %
Rent Per Month
Fairbanks, AK Edit Anchorage, AK Edit
Apartment (1 bedroom) in City Centre 971.88 $ 1,156.67 $      +19.01 %
Apartment (1 bedroom) Outside of Centre 1,012.50 $ 930.88 $      -8.06 %
Apartment (3 bedrooms) in City Centre 1,700.00 $ 1,879.17 $      +10.54 %
Apartment (3 bedrooms) Outside of Centre 1,585.71 $ 1,692.11 $      +6.71 %
Buy Apartment Price
Fairbanks, AK Edit Anchorage, AK Edit
Price per Square Feet to Buy Apartment in City Centre 164.75 $ 301.71 $      +83.13 %
Price per Square Feet to Buy Apartment Outside of Centre 164.75 $ 174.92 $      +6.17 %
Salaries And Financing
Fairbanks, AK Edit Anchorage, AK Edit
Average Monthly Net Salary (After Tax) 3,767.22 $ 4,246.43 $      +12.72 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.66 4.29      -7.78 %
Last update: March 2021March 2021
Contributors in the past 12 months:1328