Fairbanks, AK vs Salem, OR
Cost of Living Comparison
Fairbanks, AK is more affordable by 0.4 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Salem, OR | Difference |
|---|---|---|---|
| Overall | 103.2 | 103.6 | -0.4 |
| Housing | 92.6 | 110.3 | -17.8 |
| Goods | 107.3 | 105.3 | +2.1 |
| Utilities | 119.8 | 104.7 | +15.1 |
| Other Services | 103.3 | 100.3 | +3.0 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Salem, OR |
|---|---|---|
| Median Household Income | $81,655 | $72,154 |
| Median Home Value | $276,800 | $358,700 |
| Median Monthly Rent | $1,360 | $1,227 |
| Per Capita Income | $42,744 | $34,631 |
Frequently Asked Questions
Is Fairbanks, AK or Salem, OR cheaper to live in?
Fairbanks, AK is more affordable. The cost of living difference is 0.4 index points (Fairbanks, AK: 103.2, Salem, OR: 103.6).
Where is housing cheaper, Fairbanks, AK or Salem, OR?
Housing is more affordable in Fairbanks, AK. Housing index: Fairbanks, AK (92.6) vs Salem, OR (110.3).