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Fairbanks, AK

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
75
Affordable
Median Home Value
$255,700
National: $426,735
Median Rent
$1,470/mo
National: $1,527/mo
Household Income
$72,077
National: $84,532
Population
32,242
Purchasing Power
114
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
60 / 100
100 = national average
Rent Index
96 / 100
Overall Index
75
Affordable

Fairbanks Mortgage Calculator

Pre-filled with the local median home value of $255,700 and Alaska's property tax rate of 1.04%.

Salary & Purchasing Power

Median household income is $72,077 15% below the national average.

What $72,077 in Fairbanks Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$145,115+101%
Los Angeles, CA$163,375+127%
Houston, TX$68,233-5%
Philadelphia, PA$65,350-9%

Property Tax in Fairbanks, AK

Est. Annual Property Tax
$2,659
Monthly Impact
$222
Added to your mortgage
Effective Rate
1.04%
National avg: ~1.00%

Alaska Tax Overview

Tax TypeAlaskaNational Avg
Property Tax Rate1.04%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax1.82%~5.0%

Compare Fairbanks to Another City

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Cost of Living Comparison

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Fairbanks, AK
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Fairbanks, AK: 60
Rent Prices
96
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR