Quick answer
Prices in Fairbanks-College, AK were 3.2% above the US average in 2024 (Regional Price Parity 103.2, US = 100), with a housing-rent index of 92.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 103.208 |
| Goods | 107.340 |
| Housing (rents) | 92.562 |
| Utilities | 119.776 |
| Other services | 103.342 |
| — All items by year — | |
| 2024 | 103.208 |
| 2023 | 101.199 |
| 2022 | 98.735 |
| 2021 | 104.621 |
| 2020 | 99.374 |
| 2019 | 103.091 |
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Last updated 2026-10-16. Data only, not financial or tax advice.