CostByCity

Fairbanks, AK vs Washington, DC

Cost of Living Comparison

Fairbanks, AK is more affordable by 5.7 index points

Side-by-Side Comparison

CategoryFairbanks, AKWashington, DCDifference
Overall103.2108.9-5.7
Housing92.6151.1-58.6
Goods107.3104.8+2.5
Utilities119.8106.7+13.1
Other Services103.3102.3+1.0

Income & Housing Comparison

MetricFairbanks, AKWashington, DC
Median Household Income$81,655$119,803
Median Home Value$276,800$513,300
Median Monthly Rent$1,360$1,904
Per Capita Income$42,744$59,587

Frequently Asked Questions

Is Fairbanks, AK or Washington, DC cheaper to live in?
Fairbanks, AK is more affordable. The cost of living difference is 5.7 index points (Fairbanks, AK: 103.2, Washington, DC: 108.9).
Where is housing cheaper, Fairbanks, AK or Washington, DC?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Washington, DC (151.1).