CostByCity

Fairbanks, AK vs Lake Charles, LA

Cost of Living Comparison

Lake Charles, LA is more affordable by 17.4 index points

Side-by-Side Comparison

CategoryFairbanks, AKLake Charles, LADifference
Overall103.285.9+17.4
Housing92.651.8+40.8
Goods107.393.7+13.6
Utilities119.871.7+48.0
Other Services103.395.7+7.6

Income & Housing Comparison

MetricFairbanks, AKLake Charles, LA
Median Household Income$81,655$64,764
Median Home Value$276,800$195,600
Median Monthly Rent$1,360$1,025
Per Capita Income$42,744$33,496

Frequently Asked Questions

Is Fairbanks, AK or Lake Charles, LA cheaper to live in?
Lake Charles, LA is more affordable. The cost of living difference is 17.4 index points (Fairbanks, AK: 103.2, Lake Charles, LA: 85.9).
Where is housing cheaper, Fairbanks, AK or Lake Charles, LA?
Housing is more affordable in Lake Charles, LA. Housing index: Fairbanks, AK (92.6) vs Lake Charles, LA (51.8).