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 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 | |
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 2021 | March 2021 | |
| Contributors in the past 12 months: | 13 | 28 |
Moving to Fairbanks, AK? Explore:
Moving to Anchorage, AK? Explore:
Cities near Anchorage, AK: | Cost of Living in Palmer, Alaska | 43.06 miles |
| Cost of Living in Seward, Alaska | 125.55 miles |
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