Cedar Rapids, IA vs Fairbanks, AK
Cost of Living Comparison
Cedar Rapids, IA is more affordable by 14.2 index points
Side-by-Side Comparison
| Category | Cedar Rapids, IA | Fairbanks, AK | Difference |
|---|---|---|---|
| Overall | 89.0 | 103.2 | -14.2 |
| Housing | 71.4 | 92.6 | -21.1 |
| Goods | 93.7 | 107.3 | -13.6 |
| Utilities | 84.0 | 119.8 | -35.8 |
| Other Services | 92.9 | 103.3 | -10.4 |
Income & Housing Comparison
| Metric | Cedar Rapids, IA | Fairbanks, AK |
|---|---|---|
| Median Household Income | $75,477 | $81,655 |
| Median Home Value | $186,900 | $276,800 |
| Median Monthly Rent | $863 | $1,360 |
| Per Capita Income | $40,558 | $42,744 |
Frequently Asked Questions
Is Cedar Rapids, IA or Fairbanks, AK cheaper to live in?
Cedar Rapids, IA is more affordable. The cost of living difference is 14.2 index points (Cedar Rapids, IA: 89.0, Fairbanks, AK: 103.2).
Where is housing cheaper, Cedar Rapids, IA or Fairbanks, AK?
Housing is more affordable in Cedar Rapids, IA. Housing index: Cedar Rapids, IA (71.4) vs Fairbanks, AK (92.6).