Fairbanks, AK vs Rapid City, SD
Cost of Living Comparison
Rapid City, SD is more affordable by 14.0 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Rapid City, SD | Difference |
|---|---|---|---|
| Overall | 103.2 | 89.2 | +14.0 |
| Housing | 92.6 | 72.6 | +20.0 |
| Goods | 107.3 | 95.5 | +11.9 |
| Utilities | 119.8 | 79.1 | +40.7 |
| Other Services | 103.3 | 91.9 | +11.4 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Rapid City, SD |
|---|---|---|
| Median Household Income | $81,655 | $68,363 |
| Median Home Value | $276,800 | $248,700 |
| Median Monthly Rent | $1,360 | $1,014 |
| Per Capita Income | $42,744 | $37,863 |
Frequently Asked Questions
Is Fairbanks, AK or Rapid City, SD cheaper to live in?
Rapid City, SD is more affordable. The cost of living difference is 14.0 index points (Fairbanks, AK: 103.2, Rapid City, SD: 89.2).
Where is housing cheaper, Fairbanks, AK or Rapid City, SD?
Housing is more affordable in Rapid City, SD. Housing index: Fairbanks, AK (92.6) vs Rapid City, SD (72.6).