Cost of Living Comparison Between Ridgecrest, CA and Fairbanks, AK Cost of Living Comparison Between Ridgecrest, CA and Fairbanks, AK

Monthly Cost of Living

A single person spends $2,495 per month in Ridgecrest, CA vs $3,108 in Fairbanks, AK, rent included.

A couple spends around $3,912 per month in Ridgecrest, CA vs $4,296 in Fairbanks, AK, rent included.

A family of three spends $5,329 per month in Ridgecrest, CA vs $5,485 in Fairbanks, AK, rent included.

Ridgecrest, CA is about 20% cheaper than Fairbanks, AK, driven mainly by Sport & Entertainment.

Both Ridgecrest, CA and Fairbanks, AK sit above the global median – Ridgecrest, CA by 86%, Fairbanks, AK by 132%.

Currency
🍽 Eating Out
Ridgecrest, CA
Fairbanks, AK
Difference
Meal at Budget Restaurant
$24.84 $24.84
$25.17 $25.17
-1.31%
Three-Course Dinner for Two, Mid-Range
$100 $100
$89.0 $89.0
12.60%
Fast Food Meal (McDonalds, etc)
$14.74 $14.74
$13.98 $13.98
5.44%
Cappuccino
$5.85 $5.85
$5.88 $5.88
-0.51%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.92 $2.92
$2.87 $2.87
1.74%
Water (0.33 liter bottle)
$2.02 $2.02
$2.04 $2.04
-0.98%
Local Beer (0.5 liter draught)
$7.80 $7.80
$7.91 $7.91
-1.39%
Imported Beer (0.33 liter bottle)
$9.77 $9.77
$10.07 $10.07
-2.98%
🛒 Groceries & Markets
Ridgecrest, CA
Fairbanks, AK
Difference
Milk (1 liter)
$1.31 $1.31
$1.14 $1.14
14.91%
White Bread (500g)
$5.01 $5.01
$5.18 $5.18
-3.28%
Rice (white) (1kg)
$7.57 $7.57
$5.16 $5.16
46.71%
Eggs
$5.51 $5.51
$4.39 $4.39
25.51%
Local Cheese (1kg)
$23.47 $23.47
$17.64 $17.64
33.05%
Chicken Fillets (1kg)
$17.32 $17.32
$16.64 $16.64
4.09%
Beef Round Steak (1kg)
$29.24 $29.24
$20.74 $20.74
40.98%
Apples (1kg)
$7.27 $7.27
$7.82 $7.82
-7.03%
Banana (1kg)
$2.92 $2.92
$2.80 $2.80
4.29%
Oranges (1kg)
$5.80 $5.80
$6.76 $6.76
-14.20%
Tomato (1kg)
$4.58 $4.58
$7.47 $7.47
-38.69%
Potato (1kg)
$2.92 $2.92
$3.92 $3.92
-25.51%
Onion (1kg)
$5.79 $5.79
$4.75 $4.75
21.89%
Lettuce (1 head)
$3.96 $3.96
$2.92 $2.92
35.62%
Water (1.5 liter bottle)
$3.03 $3.03
$2.02 $2.02
50.00%
Cigarettes 20 Pack (Marlboro, Camel)
$12.78 $12.78
$11.23 $11.23
13.80%
Wine (Bottle)
$15.88 $15.88
$12.04 $12.04
31.89%
Local Beer (0.5 liter bottle)
$1.71 $1.71
$1.71 $1.71
-
Imported Beer (0.33 liter bottle)
$4.02 $4.02
$0.99 $0.99
306.06%
🚌 Getting Around
Ridgecrest, CA
Fairbanks, AK
Difference
One-way Ticket (Public Transport)
$1.98 $1.98
$1.46 $1.46
35.62%
Public Transport Monthly Pass (Regular Price)
-
$40.16 $40.16
-
Taxi Start (Normal Tariff)
$5.93 $5.93
$3.59 $3.59
65.18%
Taxi (Normal Tariff) (1km)
$1.63 $1.63
$2.23 $2.23
-26.91%
Taxi 1hour Waiting (Normal Tariff)
$51.4 $51.4
$44.52 $44.52
15.41%
Gasoline (1 liter)
$1.29 $1.29
$1.05 $1.05
22.86%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.5K $35.5K
$30.0K $30.0K
18.32%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.4K $25.4K
$26.0K $26.0K
-2.58%
🧾 Monthly Utilities & Internet
Ridgecrest, CA
Fairbanks, AK
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$232 $232
$169 $169
37.43%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$62.7 $62.7
$60.5 $60.5
3.75%
Internet (50+ Mbps, Unlimited Data)
$77.6 $77.6
$116 $116
-33.07%
🎉 Sport & Entertainment
Ridgecrest, CA
Fairbanks, AK
Difference
Gym Membership (Monthly)
$32.47 $32.47
$98.5 $98.5
-67.04%
Cinema Ticket
$9.70 $9.70
$17.27 $17.27
-43.83%
🧸 Childcare & Education
Ridgecrest, CA
Fairbanks, AK
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,416 $1,416
$1,202 $1,202
17.77%
International Primary School, 1 Child (Yearly)
$36.7K $36.7K
$23.3K $23.3K
57.34%
👕👟 Clothing & Footwear
Ridgecrest, CA
Fairbanks, AK
Difference
Jeans (Levis 501 Or Similar)
$69.0 $69.0
$59.8 $59.8
15.48%
Summer Dress (H&M, Zara, etc)
$45.94 $45.94
$39.83 $39.83
15.34%
Sport Shoes (Adidas, Nike)
$104 $104
$85.2 $85.2
21.87%
Men's Leather Business Shoes
$142 $142
$120 $120
17.58%
🏠 Accommodation & Living
Ridgecrest, CA
Fairbanks, AK
Difference
1-bedroom Apartment, City Center (Monthly)
$912 $912
$1,655 $1,655
-44.88%
1-bedroom Apartment, Outside City Center (Monthly)
$888 $888
$1,529 $1,529
-41.92%
3-bedroom Apartment, City Center (Monthly)
$1,886 $1,886
$2,223 $2,223
-15.15%
3-bedroom Apartment, Outside City Center (Monthly)
$1,820 $1,820
$2,014 $2,014
-9.66%
Buy Apartment in City Center (m2)
$13.0K $13.0K
$2,045 $2,045
535.12%
Buy Apartment Outside City Center (m2)
-
$2,013 $2,013
-
💵 Salaries & Financials
Ridgecrest, CA
Fairbanks, AK
Difference
Average Monthly Net Salary (After Tax)
$5,405 $5,405
$3,884 $3,884
39.16%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.68
6.53
2.30%

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

Last update for Ridgecrest, CA: May 30, 2026

Last update for Fairbanks, AK: June 2, 2026

Cost Breakdown

A central one-bedroom costs $912 in Ridgecrest, CA versus $1,655 in Fairbanks, AK. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 39% higher in Ridgecrest, CA, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $100 in Ridgecrest, CA versus $89.0 in Fairbanks, AK. Monthly groceries follow the same trend: $581 vs $512 – making Fairbanks, AK the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Ridgecrest, CA vs Fairbanks, AK: Cost of Living - Frequently Asked Questions
Is Fairbanks, AK cheaper than Ridgecrest, CA?
Yes – Fairbanks, AK is pricier by about 25%, and the gap shows up most in Sport & Entertainment. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,742 per month in Ridgecrest, CA and $4,662 in Fairbanks, AK. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Ridgecrest, CA, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Ridgecrest, CA vs Fairbanks, AK?
Monthly expenses with rent come to $2,495 in Ridgecrest, CA and $3,108 in Fairbanks, AK. The difference isn't just one category – it shows up across housing, food, transport, and services.
Which city has cheaper kindergarten?
Kindergarten costs $1,416 per month in Ridgecrest, CA and $1,202 in Fairbanks, AK. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,500 a realistic budget for Ridgecrest, CA or Fairbanks, AK?
A $2,500 monthly budget goes further in Ridgecrest, CA, where all-in costs run around $2,495, than in Fairbanks, AK at $3,108. In Ridgecrest, CA it covers expenses comfortably, while in Fairbanks, AK it requires careful planning or may not stretch far enough.
Is Ridgecrest, CA or Fairbanks, AK more family-friendly?
Families tend to lean toward Ridgecrest, CA – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Ridgecrest, CA. If higher salaries, better infrastructure, or specific career opportunities are the priority, Fairbanks, AK makes more sense. Both are solid long-term options with distinct trade-offs.

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