Fairbanks, AK vs Iowa City, IA
Cost of Living Comparison
Iowa City, IA is more affordable by 11.7 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Iowa City, IA | Difference |
|---|---|---|---|
| Overall | 103.2 | 91.5 | +11.7 |
| Housing | 92.6 | 84.0 | +8.6 |
| Goods | 107.3 | 93.7 | +13.6 |
| Utilities | 119.8 | 83.7 | +36.1 |
| Other Services | 103.3 | 92.9 | +10.4 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Iowa City, IA |
|---|---|---|
| Median Household Income | $81,655 | $72,680 |
| Median Home Value | $276,800 | $265,500 |
| Median Monthly Rent | $1,360 | $1,057 |
| Per Capita Income | $42,744 | $41,313 |
Frequently Asked Questions
Is Fairbanks, AK or Iowa City, IA cheaper to live in?
Iowa City, IA is more affordable. The cost of living difference is 11.7 index points (Fairbanks, AK: 103.2, Iowa City, IA: 91.5).
Where is housing cheaper, Fairbanks, AK or Iowa City, IA?
Housing is more affordable in Iowa City, IA. Housing index: Fairbanks, AK (92.6) vs Iowa City, IA (84.0).