CostByCity

Fairbanks, AK vs Rochester, MN

Cost of Living Comparison

Rochester, MN is more affordable by 12.4 index points

Side-by-Side Comparison

CategoryFairbanks, AKRochester, MNDifference
Overall103.290.8+12.4
Housing92.678.6+13.9
Goods107.395.4+11.9
Utilities119.887.4+32.4
Other Services103.392.2+11.1

Income & Housing Comparison

MetricFairbanks, AKRochester, MN
Median Household Income$81,655$86,788
Median Home Value$276,800$266,900
Median Monthly Rent$1,360$1,115
Per Capita Income$42,744$46,938

Frequently Asked Questions

Is Fairbanks, AK or Rochester, MN cheaper to live in?
Rochester, MN is more affordable. The cost of living difference is 12.4 index points (Fairbanks, AK: 103.2, Rochester, MN: 90.8).
Where is housing cheaper, Fairbanks, AK or Rochester, MN?
Housing is more affordable in Rochester, MN. Housing index: Fairbanks, AK (92.6) vs Rochester, MN (78.6).