Here's what it costs to live in Fairbanks, Alaska, based on the latest US government data. Renters pay a median of $1,496 per month, while the typical home is valued around $268,400. Households earn a median of $73,534 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$73,534
Annual · Census ACS
Median Gross Rent
$1,496
Per month · Census ACS
Median Home Value
$268,400
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,156
HUD Fair Market Rent
1BR Fair Market Rent
$1,277
HUD FMR
2BR Fair Market Rent
$1,676
HUD FMR
3BR Fair Market Rent
$2,331
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
32,083
Latest estimate
Median Age
29 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,792
Per month
Avg Home Value
$281,050
Census ACS
January Avg
-8°F
July Avg
63°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Cold/Alpine · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.2
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
90.0%
What is the cost of living index for Fairbanks?
The cost of living index for Fairbanks is not yet available in our database.
What is the median rent in Fairbanks?
The median gross rent in Fairbanks is $1,496 per month according to US Census ACS data.
What is the median household income in Fairbanks?
The median household income in Fairbanks is $73,534 per year.
What is the median home value in Fairbanks?
The median home value in Fairbanks is $268,400 based on the latest Census ACS survey.
How is the air quality in Fairbanks?
Air quality data for Fairbanks is not yet available.
What are the taxes like in Fairbanks?
Tax data for Alaska is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
