Median rent is 22% lower in Fairbanks ($1,470/mo vs $1,879/mo). Buying is cheaper in Fairbanks, where the median home runs $255,700 versus $879,500. Households earn more in Los Angeles ($80,366 vs $72,077 a year).
City A
Fairbanks, AK
City B
Los Angeles, CA
How much would you need to earn in Los Angeles, CA to maintain your standard of living from Fairbanks, AK?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Fairbanks
Alaska
Los Angeles
California
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Fairbanks — median rent of $1,470/mo versus $1,879/mo in Los Angeles, a 22% difference. Home buyers face a steeper market in Los Angeles: the median home is $879,500 versus $255,700 in Fairbanks — 71% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Alaska has no state income tax, while California tops out at 13.30% — giving Fairbanks a clear advantage for high earners. Sales tax is 0.00% in Alaska and 7.25% in California; Fairbanks has the lower rate (local add-ons may apply in both).
Fairbanks
Income tax: None
Sales tax: None
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Air quality data is available for Los Angeles (avg AQI 77.0) but not yet for Fairbanks.
Pick Los Angeles if you prioritize higher median household income ($80,366/yr).
Pick Fairbanks if you prioritize cheaper rent ($1,470/mo median).
Pick Fairbanks if you prioritize no state income tax.
Is Fairbanks cheaper than Los Angeles?
Cost of living index data is not yet available for one or both cities.
How much is rent in Fairbanks vs Los Angeles?
Median rent is $1,470/mo in Fairbanks, AK and $1,879/mo in Los Angeles, CA. Fairbanks, AK has the lower rent by about 22%.
Which has higher salaries — Fairbanks or Los Angeles?
Median household income is $72,077 in Fairbanks, AK and $80,366 in Los Angeles, CA. Los Angeles, CA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Fairbanks or Los Angeles?
Alaska has no state income tax. California has a top rate of 13.30%.
What salary do I need in Los Angeles to match my Fairbanks income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology