Fairbanks, AK vs New York, NY
Cost of Living Comparison
Fairbanks, AK is more affordable by 9.4 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | New York, NY | Difference |
|---|---|---|---|
| Overall | 103.2 | 112.6 | -9.4 |
| Housing | 92.6 | 148.6 | -56.1 |
| Goods | 107.3 | 110.3 | -2.9 |
| Utilities | 119.8 | 127.0 | -7.2 |
| Other Services | 103.3 | 105.8 | -2.5 |
Income & Housing Comparison
| Metric | Fairbanks, AK | New York, NY |
|---|---|---|
| Median Household Income | $81,655 | $93,610 |
| Median Home Value | $276,800 | $553,500 |
| Median Monthly Rent | $1,360 | $1,711 |
| Per Capita Income | $42,744 | $52,011 |
Frequently Asked Questions
Is Fairbanks, AK or New York, NY cheaper to live in?
Fairbanks, AK is more affordable. The cost of living difference is 9.4 index points (Fairbanks, AK: 103.2, New York, NY: 112.6).
Where is housing cheaper, Fairbanks, AK or New York, NY?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs New York, NY (148.6).