CostByCity

Fairbanks, AK vs Madison, WI

Cost of Living Comparison

Madison, WI is more affordable by 5.9 index points

Side-by-Side Comparison

CategoryFairbanks, AKMadison, WIDifference
Overall103.297.3+5.9
Housing92.699.7-7.2
Goods107.393.8+13.6
Utilities119.889.8+30.0
Other Services103.399.4+3.9

Income & Housing Comparison

MetricFairbanks, AKMadison, WI
Median Household Income$81,655$82,996
Median Home Value$276,800$320,700
Median Monthly Rent$1,360$1,228
Per Capita Income$42,744$47,694

Frequently Asked Questions

Is Fairbanks, AK or Madison, WI cheaper to live in?
Madison, WI is more affordable. The cost of living difference is 5.9 index points (Fairbanks, AK: 103.2, Madison, WI: 97.3).
Where is housing cheaper, Fairbanks, AK or Madison, WI?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Madison, WI (99.7).