CostByCity

Fairbanks, AK vs Grand Island, NE

Cost of Living Comparison

Grand Island, NE is more affordable by 16.6 index points

Side-by-Side Comparison

CategoryFairbanks, AKGrand Island, NEDifference
Overall103.286.7+16.6
Housing92.661.7+30.8
Goods107.394.1+13.2
Utilities119.874.2+45.5
Other Services103.393.0+10.4

Income & Housing Comparison

MetricFairbanks, AKGrand Island, NE
Median Household Income$81,655$63,314
Median Home Value$276,800$186,200
Median Monthly Rent$1,360$870
Per Capita Income$42,744$32,609

Frequently Asked Questions

Is Fairbanks, AK or Grand Island, NE cheaper to live in?
Grand Island, NE is more affordable. The cost of living difference is 16.6 index points (Fairbanks, AK: 103.2, Grand Island, NE: 86.7).
Where is housing cheaper, Fairbanks, AK or Grand Island, NE?
Housing is more affordable in Grand Island, NE. Housing index: Fairbanks, AK (92.6) vs Grand Island, NE (61.7).