CostByCity

Fairbanks, AK vs Great Falls, MT

Cost of Living Comparison

Great Falls, MT is more affordable by 6.4 index points

Side-by-Side Comparison

CategoryFairbanks, AKGreat Falls, MTDifference
Overall103.296.8+6.4
Housing92.697.1-4.6
Goods107.396.0+11.3
Utilities119.873.0+46.7
Other Services103.398.7+4.6

Income & Housing Comparison

MetricFairbanks, AKGreat Falls, MT
Median Household Income$81,655$61,351
Median Home Value$276,800$227,600
Median Monthly Rent$1,360$866
Per Capita Income$42,744$34,481

Frequently Asked Questions

Is Fairbanks, AK or Great Falls, MT cheaper to live in?
Great Falls, MT is more affordable. The cost of living difference is 6.4 index points (Fairbanks, AK: 103.2, Great Falls, MT: 96.8).
Where is housing cheaper, Fairbanks, AK or Great Falls, MT?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Great Falls, MT (97.1).