Cost of Living in Fairbanks, AK

Updated:

Livingcost

Cost of living One person Family of 4
💰 Total with rent
$2638
$5565
🛋️ Without rent
$1049
$3241
🏨 Rent & Utilities
$1589
$2324
🍽️ Food
$791
$2048
🚐 Transport
$53.6
$149
💳 Monthly salary after tax
$5411
😀 Quality of life
58
🏙️ Population
32.5K

The average cost of living in Fairbanks is $2638, which is in the top 6% of the most expensive cities in the world, ranked 537th out of 9294 in our global list, 476th out of 2202 in the United States, and 1st out of 3 in Alaska.

The median after-tax salary is $5411, which is enough to cover living expenses for 2.1 months. Ranked 5483rd (TOP 59%) in the list of best places to live in the world and 2064th best city to live in the United States, and 2nd most liveable city in Alaska. With an estimated population of 32.5K, Fairbanks is the 1386th largest city in the United States.

✈️ Closest airport 5 km Ladd Army Airfield
😷 Air quality Excellent 4.9 µg/m³
🎓 Best university rank 574 University of Alaska Fairbanks
Cost of living in Fairbanks infographic

Share this infographic!

Prices in Fairbanks

Prices for goods and services in Fairbanks are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Eating Out
🍱 Lunch Menu
$25
🥂 Dinner in a Restaurant, for 2
$88.2
🥪 Fast food meal, equiv. McDonald's
$13.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.01
 Cappuccino
$6.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.81
Rent & Utilities
🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2
$1483
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1347
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2
$2286
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1995
🔌 Utility Bill one person, electricity, heating, water, etc.
$101
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$156
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$114
🏦 Mortgage Interest Rate for 20 Years
6.57%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1902
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1888
Transportation
🚌 Local transport ticket
$1.51
🎟️ Monthly ticket local transport
$40.2
🚕 Taxi Ride, 8 km or 5 mi
$20.8
 Gas / Petrol, 1 L or 0.26 gal
$1.05
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
🍞 Bread, 0.5 kg or 1.1 lb
$5.28
🍚 Rice, 1 kg or 2.2 lb
$5.26
🥚 Eggs, x12
$3.27
🧀 Cheese, 1 kg or 2.2 lb
$17.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$16.9
🥩 Round Steak, 1 kg or 2.2 lb
$20.8
🍏 Apples, 1 kg or 2.2 lb
$7.98
🍌 Banana, 1 kg or 2.2 lb
$2.84
🍊 Oranges, 1 kg or 2.2 lb
$7.16
🍅 Tomato, 1 kg or 2.2 lb
$6.56
🥔 Potato, 1 kg or 2.2 lb
$4.13
🧅 Onion, 1 kg or 2.2 lb
$3.05
🌊 Water, 1 L or 1 qt
$1.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.16
🍾 Wine (mid-priced), 750 mL bottle
$14.9
🍺 Beer, 0.5 L or 16 fl oz
$1.73
🚬 Cigarette pack
$11.3
💊 Cold medicince, 1 week
$9.24
🧴 Hair Shampoo
$4.82
🧻 Toilet paper, 4 rolls
$4.34
👄 Toothpaste, 1 tube
$2.37
Other
🏋️ Gym Membership, 1 month
$99.4
🎫 Cinema Ticket, 1 person
$17
👩‍⚕️ Doctor's visit
$167
💇 Haircut, simple
$22.9
👖 Brand Jeans
$60.5
👟 Brand Sneakers
$84.3
👶 Daycare or Preschool, 1 month
$1024
🏫 International Primary School, 1 year
$12019

Cost of living in other countries

Cost of living