CostByCity

Fairbanks, AK vs Midland, TX

Cost of Living Comparison

Midland, TX is more affordable by 7.4 index points

Side-by-Side Comparison

CategoryFairbanks, AKMidland, TXDifference
Overall103.295.8+7.4
Housing92.6101.5-8.9
Goods107.393.8+13.6
Utilities119.883.2+36.5
Other Services103.396.2+7.1

Income & Housing Comparison

MetricFairbanks, AKMidland, TX
Median Household Income$81,655$89,345
Median Home Value$276,800$270,900
Median Monthly Rent$1,360$1,366
Per Capita Income$42,744$46,613

Frequently Asked Questions

Is Fairbanks, AK or Midland, TX cheaper to live in?
Midland, TX is more affordable. The cost of living difference is 7.4 index points (Fairbanks, AK: 103.2, Midland, TX: 95.8).
Where is housing cheaper, Fairbanks, AK or Midland, TX?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Midland, TX (101.5).