Fairbanks, AK vs Lafayette, IN
Cost of Living Comparison
Lafayette, IN is more affordable by 9.8 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Lafayette, IN | Difference |
|---|---|---|---|
| Overall | 103.2 | 93.4 | +9.8 |
| Housing | 92.6 | 76.4 | +16.1 |
| Goods | 107.3 | 94.3 | +13.0 |
| Utilities | 119.8 | 86.4 | +33.4 |
| Other Services | 103.3 | 99.1 | +4.2 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Lafayette, IN |
|---|---|---|
| Median Household Income | $81,655 | $57,188 |
| Median Home Value | $276,800 | $184,300 |
| Median Monthly Rent | $1,360 | $1,004 |
| Per Capita Income | $42,744 | $31,145 |
Frequently Asked Questions
Is Fairbanks, AK or Lafayette, IN cheaper to live in?
Lafayette, IN is more affordable. The cost of living difference is 9.8 index points (Fairbanks, AK: 103.2, Lafayette, IN: 93.4).
Where is housing cheaper, Fairbanks, AK or Lafayette, IN?
Housing is more affordable in Lafayette, IN. Housing index: Fairbanks, AK (92.6) vs Lafayette, IN (76.4).