CostByCity

Fairbanks, AK vs Fargo, ND

Cost of Living Comparison

Fargo, ND is more affordable by 12.3 index points

Side-by-Side Comparison

CategoryFairbanks, AKFargo, NDDifference
Overall103.290.9+12.3
Housing92.681.1+11.4
Goods107.395.7+11.7
Utilities119.877.3+42.5
Other Services103.391.3+12.0

Income & Housing Comparison

MetricFairbanks, AKFargo, ND
Median Household Income$81,655$73,641
Median Home Value$276,800$261,000
Median Monthly Rent$1,360$919
Per Capita Income$42,744$41,687

Frequently Asked Questions

Is Fairbanks, AK or Fargo, ND cheaper to live in?
Fargo, ND is more affordable. The cost of living difference is 12.3 index points (Fairbanks, AK: 103.2, Fargo, ND: 90.9).
Where is housing cheaper, Fairbanks, AK or Fargo, ND?
Housing is more affordable in Fargo, ND. Housing index: Fairbanks, AK (92.6) vs Fargo, ND (81.1).