Fairbanks, AK vs Raleigh, NC
Cost of Living Comparison
Raleigh, NC is more affordable by 5.1 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Raleigh, NC | Difference |
|---|---|---|---|
| Overall | 103.2 | 98.2 | +5.1 |
| Housing | 92.6 | 103.5 | -10.9 |
| Goods | 107.3 | 96.6 | +10.7 |
| Utilities | 119.8 | 89.0 | +30.8 |
| Other Services | 103.3 | 98.2 | +5.2 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Raleigh, NC |
|---|---|---|
| Median Household Income | $81,655 | $91,818 |
| Median Home Value | $276,800 | $347,600 |
| Median Monthly Rent | $1,360 | $1,366 |
| Per Capita Income | $42,744 | $47,031 |
Frequently Asked Questions
Is Fairbanks, AK or Raleigh, NC cheaper to live in?
Raleigh, NC is more affordable. The cost of living difference is 5.1 index points (Fairbanks, AK: 103.2, Raleigh, NC: 98.2).
Where is housing cheaper, Fairbanks, AK or Raleigh, NC?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Raleigh, NC (103.5).