Albuquerque, NM vs Fairbanks, AK
Cost of Living Comparison
Albuquerque, NM is more affordable by 7.7 index points
Side-by-Side Comparison
| Category | Albuquerque, NM | Fairbanks, AK | Difference |
|---|---|---|---|
| Overall | 95.5 | 103.2 | -7.7 |
| Housing | 89.2 | 92.6 | -3.4 |
| Goods | 96.1 | 107.3 | -11.2 |
| Utilities | 77.9 | 119.8 | -41.9 |
| Other Services | 98.5 | 103.3 | -4.8 |
Income & Housing Comparison
| Metric | Albuquerque, NM | Fairbanks, AK |
|---|---|---|
| Median Household Income | $63,971 | $81,655 |
| Median Home Value | $242,600 | $276,800 |
| Median Monthly Rent | $1,035 | $1,360 |
| Per Capita Income | $36,043 | $42,744 |
Frequently Asked Questions
Is Albuquerque, NM or Fairbanks, AK cheaper to live in?
Albuquerque, NM is more affordable. The cost of living difference is 7.7 index points (Albuquerque, NM: 95.5, Fairbanks, AK: 103.2).
Where is housing cheaper, Albuquerque, NM or Fairbanks, AK?
Housing is more affordable in Albuquerque, NM. Housing index: Albuquerque, NM (89.2) vs Fairbanks, AK (92.6).