CostByCity

Fairbanks, AK vs Florence, SC

Cost of Living Comparison

Florence, SC is more affordable by 16.4 index points

Side-by-Side Comparison

CategoryFairbanks, AKFlorence, SCDifference
Overall103.286.8+16.4
Housing92.652.4+40.1
Goods107.396.3+11.0
Utilities119.887.7+32.0
Other Services103.398.3+5.1

Income & Housing Comparison

MetricFairbanks, AKFlorence, SC
Median Household Income$81,655$52,401
Median Home Value$276,800$150,300
Median Monthly Rent$1,360$848
Per Capita Income$42,744$30,130

Frequently Asked Questions

Is Fairbanks, AK or Florence, SC cheaper to live in?
Florence, SC is more affordable. The cost of living difference is 16.4 index points (Fairbanks, AK: 103.2, Florence, SC: 86.8).
Where is housing cheaper, Fairbanks, AK or Florence, SC?
Housing is more affordable in Florence, SC. Housing index: Fairbanks, AK (92.6) vs Florence, SC (52.4).