Cost of Living Comparison Between Fairbanks, AK and New York, NY Cost of Living Comparison Between Fairbanks, AK and New York, NY

🙂 Solo nomad: Fairbanks, AK is 6.2% cheaper than New York, NY without rent, and 29.3% cheaper with rent.

🙂 Family of 3: Fairbanks, AK is 30% cheaper than New York, NY without rent, and 42.1% cheaper with rent.

Meal at Budget Restaurant

$24.8 $24.8

$29.68 $29.68

-16.44%

Three-Course Dinner for Two, Mid-Range

$88.8 $88.8

$144 $144

-38.40%

Fast Food Meal (McDonalds, etc)

$14.1 $14.1

$12.43 $12.43

13.44%

Cappuccino

$6.02 $6.02

$5.84 $5.84

3.08%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.85 $2.85

$3.26 $3.26

-12.58%

Water (0.33 liter bottle)

$2.04 $2.04

$2.58 $2.58

-20.93%

Local Beer (0.5 liter draught)

$7.8 $7.8

$8.24 $8.24

-5.34%

Imported Beer (0.33 liter bottle)

$9.91 $9.91

$11.86 $11.86

-16.44%

Milk (1 liter)

$1.14 $1.14

$1.56 $1.56

-26.92%

White Bread (500g)

$5.31 $5.31

$5.23 $5.23

1.53%

Rice (white) (1kg)

$5.3 $5.3

$8.11 $8.11

-34.65%

Eggs

$4.21 $4.21

$7.25 $7.25

-41.93%

Local Cheese (1kg)

$17.96 $17.96

$17.08 $17.08

5.15%

Chicken Fillets (1kg)

$16.97 $16.97

$16.24 $16.24

4.50%

Beef Round Steak (1kg)

$21.32 $21.32

$20.02 $20.02

6.49%

Apples (1kg)

$7.76 $7.76

$7.49 $7.49

3.60%

Banana (1kg)

$2.82 $2.82

$2.55 $2.55

10.59%

Oranges (1kg)

$6.65 $6.65

$5.82 $5.82

14.26%

Tomato (1kg)

$7.09 $7.09

$6.52 $6.52

8.74%

Potato (1kg)

$3.77 $3.77

$3.72 $3.72

1.34%

Onion (1kg)

$4.79 $4.79

$3.9 $3.9

22.82%

Lettuce (1 head)

$2.99 $2.99

$3.07 $3.07

-2.61%

Water (1.5 liter bottle)

$1.97 $1.97

$2.57 $2.57

-23.35%

Cigarettes 20 Pack (Marlboro, Camel)

$11.23 $11.23

$19.21 $19.21

-41.54%

Wine (Bottle)

$15.1 $15.1

$17.79 $17.79

-15.12%

Local Beer (0.5 liter bottle)

$1.68 $1.68

$3.01 $3.01

-44.19%

Imported Beer (0.33 liter bottle)

$0.97 $0.97

$3.72 $3.72

-73.92%

One-way Ticket (Public Transport)

$1.53 $1.53

$2.92 $2.92

-47.60%

Public Transport Monthly Pass (Regular Price)

$39.51 $39.51

$134 $134

-70.51%

Taxi Start (Normal Tariff)

$3.54 $3.54

$5.13 $5.13

-30.99%

Taxi (Normal Tariff) (1km)

$2.15 $2.15

Taxi 1hour Waiting (Normal Tariff)

$45.29 $45.29

$41.57 $41.57

8.95%

Gasoline (1 liter)

$1.04 $1.04

$0.95 $0.95

9.47%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.8K $29.8K

$35K $35K

-14.95%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26K $26K

$27.7K $27.7K

-6.08%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$170 $170

$179 $179

-4.78%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59.9 $59.9

$60 $60

-0.10%

Internet (50+ Mbps, Unlimited Data)

$113 $113

$63.8 $63.8

76.84%

Gym Membership (Monthly)

$98.9 $98.9

$141 $141

-29.75%

Tennis Court (1 Hour on Weekend)

$63.9 $63.9

Cinema Ticket

$17.01 $17.01

$19.9 $19.9

-14.52%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,201 $1,201

$3,206 $3,206

-62.56%

International Primary School, 1 Child (Yearly)

$23.3K $23.3K

$56.5K $56.5K

-58.78%

Jeans (Levis 501 Or Similar)

$60.3 $60.3

$65.7 $65.7

-8.29%

Summer Dress (H&M, Zara, etc)

$39.53 $39.53

$48.75 $48.75

-18.91%

Sport Shoes (Adidas, Nike)

$85.7 $85.7

$111 $111

-22.89%

Men's Leather Business Shoes

$119 $119

$172 $172

-30.50%

1-bedroom Apartment, City Center (Monthly)

$1,620 $1,620

$4,165 $4,165

-61.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,500 $1,500

$2,653 $2,653

-43.46%

3-bedroom Apartment, City Center (Monthly)

$2,263 $2,263

$8,412 $8,412

-73.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,024 $2,024

$5,277 $5,277

-61.64%

Buy Apartment in City Center (m2)

$1,927 $1,927

$15.6K $15.6K

-87.66%

Buy Apartment Outside City Center (m2)

$1,957 $1,957

$11.2K $11.2K

-82.46%

Average Monthly Net Salary (After Tax)

$3,802 $3,802

$5,616 $5,616

-32.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.53

6.44

1.40%

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update for Fairbanks, AK: October 27, 2025

Last update for New York, NY: October 28, 2025

Similar cities

London

🇬🇧 United Kingdom

Seattle, WA

🇺🇸 United States

Copenhagen

🇩🇰 Denmark

Oslo

🇳🇴 Norway

Los Angeles, CA

🇺🇸 United States

Boston, MA

🇺🇸 United States

Washington, DC

🇺🇸 United States

San Jose, CA

🇺🇸 United States