CostByCity

Fairbanks, AK vs Lynchburg, VA

Cost of Living Comparison

Lynchburg, VA is more affordable by 13.8 index points

Side-by-Side Comparison

CategoryFairbanks, AKLynchburg, VADifference
Overall103.289.4+13.8
Housing92.663.9+28.6
Goods107.396.8+10.6
Utilities119.887.8+32.0
Other Services103.398.6+4.7

Income & Housing Comparison

MetricFairbanks, AKLynchburg, VA
Median Household Income$81,655$64,307
Median Home Value$276,800$209,000
Median Monthly Rent$1,360$920
Per Capita Income$42,744$33,747

Frequently Asked Questions

Is Fairbanks, AK or Lynchburg, VA cheaper to live in?
Lynchburg, VA is more affordable. The cost of living difference is 13.8 index points (Fairbanks, AK: 103.2, Lynchburg, VA: 89.4).
Where is housing cheaper, Fairbanks, AK or Lynchburg, VA?
Housing is more affordable in Lynchburg, VA. Housing index: Fairbanks, AK (92.6) vs Lynchburg, VA (63.9).