CostByCity

Austin, TX vs Fairbanks, AK

Cost of Living Comparison

Austin, TX is more affordable by 5.1 index points

Side-by-Side Comparison

CategoryAustin, TXFairbanks, AKDifference
Overall98.1103.2-5.1
Housing120.492.6+27.8
Goods93.8107.3-13.6
Utilities82.0119.8-37.7
Other Services96.2103.3-7.1

Income & Housing Comparison

MetricAustin, TXFairbanks, AK
Median Household Income$92,939$81,655
Median Home Value$390,500$276,800
Median Monthly Rent$1,529$1,360
Per Capita Income$49,787$42,744

Frequently Asked Questions

Is Austin, TX or Fairbanks, AK cheaper to live in?
Austin, TX is more affordable. The cost of living difference is 5.1 index points (Austin, TX: 98.1, Fairbanks, AK: 103.2).
Where is housing cheaper, Austin, TX or Fairbanks, AK?
Housing is more affordable in Fairbanks, AK. Housing index: Austin, TX (120.4) vs Fairbanks, AK (92.6).