Fairbanks, AK
Discover how far your salary goes in Fairbanks. Compare taxes, rent, and living costs.
32,515
None! 🎉
$1,729
/month
+24%
above avg
How far would your salary go in Fairbanks?
Enter your income to get a personalized breakdown vs 50+ cities
Rent Prices in Fairbanks
Studio
$1,383
/month
$16,596/year
1 Bedroom
$1,729
/month
$20,748/year
2 Bedroom
$2,334
/month
$28,008/year
3 Bedroom
$3,026
/month
$36,312/year
Taxes in Alaska
State Income Tax
Alaska
No State Income Tax!
Alaska doesn't tax wages—keep more of every paycheck.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Fairbanks, AK?▼
Fairbanks has a cost of living index of 148, which is 48% above the national average. A 1-bedroom apartment costs around $1,729/month.
What is the state income tax in Alaska?▼
Alaska has no state income tax! This can save you thousands of dollars per year compared to states with income tax.
How much is rent in Fairbanks?▼
The median rent for a 1-bedroom apartment in Fairbanks is $1,729/month. For a 2-bedroom, expect to pay around $2,334/month. This is 24% above the national average.
Is Fairbanks a good place to live?▼
Fairbanks is a town with a population of 32,515. The cost of living is expensive, making it more expensive than average for the US. A major advantage is zero state income tax.
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