CostByCity

Fairbanks, AK vs Laredo, TX

Cost of Living Comparison

Laredo, TX is more affordable by 16.3 index points

Side-by-Side Comparison

CategoryFairbanks, AKLaredo, TXDifference
Overall103.287.0+16.3
Housing92.659.7+32.8
Goods107.393.8+13.6
Utilities119.880.6+39.2
Other Services103.396.2+7.1

Income & Housing Comparison

MetricFairbanks, AKLaredo, TX
Median Household Income$81,655$59,984
Median Home Value$276,800$161,000
Median Monthly Rent$1,360$964
Per Capita Income$42,744$23,446

Frequently Asked Questions

Is Fairbanks, AK or Laredo, TX cheaper to live in?
Laredo, TX is more affordable. The cost of living difference is 16.3 index points (Fairbanks, AK: 103.2, Laredo, TX: 87.0).
Where is housing cheaper, Fairbanks, AK or Laredo, TX?
Housing is more affordable in Laredo, TX. Housing index: Fairbanks, AK (92.6) vs Laredo, TX (59.7).