CostByCity

Billings, MT vs Fairbanks, AK

Cost of Living Comparison

Billings, MT is more affordable by 9.7 index points

Side-by-Side Comparison

CategoryBillings, MTFairbanks, AKDifference
Overall93.5103.2-9.7
Housing77.492.6-15.2
Goods96.0107.3-11.3
Utilities72.4119.8-47.3
Other Services98.7103.3-4.6

Income & Housing Comparison

MetricBillings, MTFairbanks, AK
Median Household Income$72,377$81,655
Median Home Value$292,300$276,800
Median Monthly Rent$1,045$1,360
Per Capita Income$41,177$42,744

Frequently Asked Questions

Is Billings, MT or Fairbanks, AK cheaper to live in?
Billings, MT is more affordable. The cost of living difference is 9.7 index points (Billings, MT: 93.5, Fairbanks, AK: 103.2).
Where is housing cheaper, Billings, MT or Fairbanks, AK?
Housing is more affordable in Billings, MT. Housing index: Billings, MT (77.4) vs Fairbanks, AK (92.6).