CostByCity

Fairbanks, AK vs Olympia, WA

Cost of Living Comparison

Fairbanks, AK is more affordable by 0.5 index points

Side-by-Side Comparison

CategoryFairbanks, AKOlympia, WADifference
Overall103.2103.7-0.5
Housing92.6116.7-24.1
Goods107.3105.0+2.3
Utilities119.891.7+28.1
Other Services103.399.5+3.9

Income & Housing Comparison

MetricFairbanks, AKOlympia, WA
Median Household Income$81,655$88,895
Median Home Value$276,800$411,700
Median Monthly Rent$1,360$1,499
Per Capita Income$42,744$42,306

Frequently Asked Questions

Is Fairbanks, AK or Olympia, WA cheaper to live in?
Fairbanks, AK is more affordable. The cost of living difference is 0.5 index points (Fairbanks, AK: 103.2, Olympia, WA: 103.7).
Where is housing cheaper, Fairbanks, AK or Olympia, WA?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Olympia, WA (116.7).