Fairbanks

Cost of Living in Fairbanks, AK (2026): Rent, Utilities & Take-Home

$1,954 left/mo

Photo: Quintin Soloviev / Wikimedia

$3,691/mo in Fairbanks. $1,954 left each month. Prices 14% above the US average.

Pick a home city How we figure this

Monthly costs

Take-home $5,645/mo.

Taxes$1,333
Rent$1,378
Other$2,313
Left$1,954

Pay and tax, per year

Gross household pay: $83,730
Federal income tax: −$9,591
Social Security and Medicare: −$6,405
State income tax (AK): None
Take-home pay: $67,734
Effective tax rate: 19.1%

Living costs, per month

Rent, 1br: $1,378
Groceries: $457
Getting around: $656
Healthcare: $514
Utilities and internet: $286
Everything else: $400
Total spending: $3,691

After tax and rent

$1,954 left/mo

Stats

Rent: $1,640; 2 bd median
Take-home: $5,645; Per month
Tax: 19%; Of pay
Prices: 14% above; US, besides rent

Average electric bill in Alaska

About $235 a month for a household using 900 kWh. That is the EIA residential price for Alaska in 2025, 26.11¢ per kWh. It is a state average, not a Fairbanks utility bill, and the utilities line in the monthly costs above already includes a modelled power cost.

Moving from Fairbanks

Moving from Fairbanks to Anchorage

Other Alaska metros

Anchorage, AK
Paycheck Housing Costs Daily life Kids Move cost Cost of living Take-home

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