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

๐Ÿ˜ Solo nomad: New York, NY is 6.7% more expensive than Fairbanks, AK without rent, and 41.4% more expensive with rent.
๐Ÿ˜ Family of 3: New York, NY is 42.9% more expensive than Fairbanks, AK without rent, and 72.7% more expensive with rent.
Currency
๐Ÿฝ Eating Out
New York, NY
Fairbanks, AK
Difference
Meal at Budget Restaurant
$29.68 $29.68
$24.8 $24.8
19.68%
Three-Course Dinner for Two, Mid-Range
$144 $144
$88.8 $88.8
62.35%
Fast Food Meal (McDonalds, etc)
$12.43 $12.43
$14.1 $14.1
-11.84%
Cappuccino
$5.84 $5.84
$6.02 $6.02
-2.99%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.26 $3.26
$2.85 $2.85
14.39%
Water (0.33 liter bottle)
$2.58 $2.58
$2.04 $2.04
26.47%
Local Beer (0.5 liter draught)
$8.24 $8.24
$7.8 $7.8
5.64%
Imported Beer (0.33 liter bottle)
$11.86 $11.86
$9.91 $9.91
19.68%
๐Ÿ›’ Groceries & Markets
New York, NY
Fairbanks, AK
Difference
Milk (1 liter)
$1.56 $1.56
$1.14 $1.14
36.84%
White Bread (500g)
$5.23 $5.23
$5.31 $5.31
-1.51%
Rice (white) (1kg)
$8.11 $8.11
$5.3 $5.3
53.02%
Eggs
$7.25 $7.25
$4.21 $4.21
72.21%
Local Cheese (1kg)
$17.08 $17.08
$17.96 $17.96
-4.90%
Chicken Fillets (1kg)
$16.24 $16.24
$16.97 $16.97
-4.30%
Beef Round Steak (1kg)
$20.02 $20.02
$21.32 $21.32
-6.10%
Apples (1kg)
$7.49 $7.49
$7.76 $7.76
-3.48%
Banana (1kg)
$2.55 $2.55
$2.82 $2.82
-9.57%
Oranges (1kg)
$5.82 $5.82
$6.65 $6.65
-12.48%
Tomato (1kg)
$6.52 $6.52
$7.09 $7.09
-8.04%
Potato (1kg)
$3.72 $3.72
$3.77 $3.77
-1.33%
Onion (1kg)
$3.9 $3.9
$4.79 $4.79
-18.58%
Lettuce (1 head)
$3.07 $3.07
$2.99 $2.99
2.68%
Water (1.5 liter bottle)
$2.57 $2.57
$1.97 $1.97
30.46%
Cigarettes 20 Pack (Marlboro, Camel)
$19.21 $19.21
$11.23 $11.23
71.06%
Wine (Bottle)
$17.79 $17.79
$15.1 $15.1
17.81%
Local Beer (0.5 liter bottle)
$3.01 $3.01
$1.68 $1.68
79.17%
Imported Beer (0.33 liter bottle)
$3.72 $3.72
$0.97 $0.97
283.51%
๐ŸšŒ Getting Around
New York, NY
Fairbanks, AK
Difference
One-way Ticket (Public Transport)
$2.92 $2.92
$1.53 $1.53
90.85%
Public Transport Monthly Pass (Regular Price)
$134 $134
$39.51 $39.51
239.10%
Taxi Start (Normal Tariff)
$5.13 $5.13
$3.54 $3.54
44.92%
Taxi (Normal Tariff) (1km)
$2.15 $2.15
$2.15 $2.15
-
Taxi 1hour Waiting (Normal Tariff)
$41.57 $41.57
$45.29 $45.29
-8.21%
Gasoline (1 liter)
$0.95 $0.95
$1.04 $1.04
-8.65%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35K $35K
$29.8K $29.8K
17.57%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$27.7K $27.7K
$26K $26K
6.47%
๐Ÿงพ Monthly Utilities & Internet
New York, NY
Fairbanks, AK
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$179 $179
$170 $170
5.02%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$60 $60
$59.9 $59.9
0.10%
Internet (50+ Mbps, Unlimited Data)
$63.8 $63.8
$113 $113
-43.45%
๐ŸŽ‰ Sport & Entertainment
New York, NY
Fairbanks, AK
Difference
Gym Membership (Monthly)
$141 $141
$98.9 $98.9
42.35%
Tennis Court (1 Hour on Weekend)
$63.9 $63.9
-
-
Cinema Ticket
$19.9 $19.9
$17.01 $17.01
16.99%
๐Ÿงธ Childcare & Education
New York, NY
Fairbanks, AK
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$3,206 $3,206
$1,201 $1,201
167.09%
International Primary School, 1 Child (Yearly)
$56.5K $56.5K
$23.3K $23.3K
142.62%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
New York, NY
Fairbanks, AK
Difference
Jeans (Levis 501 Or Similar)
$65.7 $65.7
$60.3 $60.3
9.04%
Summer Dress (H&M, Zara, etc)
$48.75 $48.75
$39.53 $39.53
23.32%
Sport Shoes (Adidas, Nike)
$111 $111
$85.7 $85.7
29.69%
Men's Leather Business Shoes
$172 $172
$119 $119
43.88%
๐Ÿ  Accommodation & Living
New York, NY
Fairbanks, AK
Difference
1-bedroom Apartment, City Center (Monthly)
$4,165 $4,165
$1,620 $1,620
157.03%
1-bedroom Apartment, Outside City Center (Monthly)
$2,653 $2,653
$1,500 $1,500
76.87%
3-bedroom Apartment, City Center (Monthly)
$8,412 $8,412
$2,263 $2,263
271.74%
3-bedroom Apartment, Outside City Center (Monthly)
$5,277 $5,277
$2,024 $2,024
160.72%
Buy Apartment in City Center (m2)
$15.6K $15.6K
$1,927 $1,927
710.65%
Buy Apartment Outside City Center (m2)
$11.2K $11.2K
$1,957 $1,957
470.05%
๐Ÿ’ต Salaries & Financials
New York, NY
Fairbanks, AK
Difference
Average Monthly Net Salary (After Tax)
$5,616 $5,616
$3,802 $3,802
47.72%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.44
6.53
-1.38%

Citycost data is based on AI and user input โ€“ minor inaccuracies may occur.

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

Last update for Fairbanks, AK: October 27, 2025

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