Fairbanks, AK vs Minot, ND
Cost of Living Comparison
Minot, ND is more affordable by 16.2 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Minot, ND | Difference |
|---|---|---|---|
| Overall | 103.2 | 87.0 | +16.2 |
| Housing | 92.6 | 63.2 | +29.3 |
| Goods | 107.3 | 95.7 | +11.6 |
| Utilities | 119.8 | 72.9 | +46.9 |
| Other Services | 103.3 | 91.2 | +12.2 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Minot, ND |
|---|---|---|
| Median Household Income | $81,655 | $78,112 |
| Median Home Value | $276,800 | $238,100 |
| Median Monthly Rent | $1,360 | $999 |
| Per Capita Income | $42,744 | $40,728 |
Frequently Asked Questions
Is Fairbanks, AK or Minot, ND cheaper to live in?
Minot, ND is more affordable. The cost of living difference is 16.2 index points (Fairbanks, AK: 103.2, Minot, ND: 87.0).
Where is housing cheaper, Fairbanks, AK or Minot, ND?
Housing is more affordable in Minot, ND. Housing index: Fairbanks, AK (92.6) vs Minot, ND (63.2).