Fairbanks, AK vs Grand Forks, ND
Cost of Living Comparison
Grand Forks, ND is more affordable by 16.5 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Grand Forks, ND | Difference |
|---|---|---|---|
| Overall | 103.2 | 86.7 | +16.5 |
| Housing | 92.6 | 59.7 | +32.9 |
| Goods | 107.3 | 95.6 | +11.7 |
| Utilities | 119.8 | 77.1 | +42.7 |
| Other Services | 103.3 | 91.4 | +11.9 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Grand Forks, ND |
|---|---|---|
| Median Household Income | $81,655 | $65,971 |
| Median Home Value | $276,800 | $225,400 |
| Median Monthly Rent | $1,360 | $918 |
| Per Capita Income | $42,744 | $36,296 |
Frequently Asked Questions
Is Fairbanks, AK or Grand Forks, ND cheaper to live in?
Grand Forks, ND is more affordable. The cost of living difference is 16.5 index points (Fairbanks, AK: 103.2, Grand Forks, ND: 86.7).
Where is housing cheaper, Fairbanks, AK or Grand Forks, ND?
Housing is more affordable in Grand Forks, ND. Housing index: Fairbanks, AK (92.6) vs Grand Forks, ND (59.7).