Fairbanks, AK vs Springfield, IL
Cost of Living Comparison
Springfield, IL is more affordable by 10.5 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Springfield, IL | Difference |
|---|---|---|---|
| Overall | 103.2 | 92.7 | +10.5 |
| Housing | 92.6 | 71.6 | +20.9 |
| Goods | 107.3 | 93.6 | +13.7 |
| Utilities | 119.8 | 90.4 | +29.4 |
| Other Services | 103.3 | 99.6 | +3.8 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Springfield, IL |
|---|---|---|
| Median Household Income | $81,655 | $72,445 |
| Median Home Value | $276,800 | $163,400 |
| Median Monthly Rent | $1,360 | $921 |
| Per Capita Income | $42,744 | $41,393 |
Frequently Asked Questions
Is Fairbanks, AK or Springfield, IL cheaper to live in?
Springfield, IL is more affordable. The cost of living difference is 10.5 index points (Fairbanks, AK: 103.2, Springfield, IL: 92.7).
Where is housing cheaper, Fairbanks, AK or Springfield, IL?
Housing is more affordable in Springfield, IL. Housing index: Fairbanks, AK (92.6) vs Springfield, IL (71.6).