Cost of living comparison
Fairbanks is 8.2% more expensive than London.
- Restaurants
-
pay 13.9% more in Fairbanks
- Groceries
-
pay 93.6% more in Fairbanks
- Transportation
-
pay 57.2% less in Fairbanks
- Housing
-
pay 13.7% more in Fairbanks
- Entertainment and Sports
-
pay 9.2% more in Fairbanks
- Clothing
-
pay 24.1% less in Fairbanks
The cost of groceries, restaurants, housing, and entertainment and sports in Fairbanks are more expensive than in London. Expenses including transportation and clothing are lower in Fairbanks. Notably, groceries is significantly more expensive in Fairbanks.
If you lived in Fairbanks instead of London, you would:
pay 13.9% more for restaurants
|
London
|
Fairbanks
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.83
£19.40
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.33
£7.76
|
$14.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.46
£1.85
|
$2.83
|
|
| Bottle of water (11 fl. oz) |
$1.85
£1.39
|
$2.00
|
|
pay 93.6% more for groceries
|
London
|
Fairbanks
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.07
£1.55
|
$5.26
|
|
| Local cheese (8 oz) |
$5.65
£4.24
|
$8.95
|
|
| Milk (1 gallon) |
$6.31
£4.74
|
$4.25
|
|
|
Eggs
1 dozen
|
$4.45
£3.34
|
$3.30
|
|
| Boneless chicken breast (1 lb) |
$4.26
£3.20
|
$7.67
|
|
| Apples (1 lb) |
$1.56
£1.17
|
$3.62
|
|
| Bananas (1 lb) |
$0.75
£0.57
|
$1.29
|
|
| Oranges (1 lb) |
$1.44
£1.08
|
$3.25
|
|
| Tomatoes (1 lb) |
$1.79
£1.35
|
$3.32
|
|
| Potatoes (1 lb) |
$0.69
£0.52
|
$1.87
|
|
| Onions (1 lb) |
$0.70
£0.53
|
$2.17
|
|
pay 57.2% less for transportation
|
London
|
Fairbanks
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.39
£5.55
|
$3.97
|
|
| Monthly public transit pass |
$258.31
£194.03
|
$40.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,531.14
£27,440.22
|
?? | |
| Taxi trip in downtown area (5 miles) |
$35.26
£26.48
|
$20.90
|
|
pay 13.7% more for housing
|
London
|
Fairbanks
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.63
£31.27
|
$115.00
|
|
| 1-Bedroom apartment in downtown area |
$2,834.46
£2,129.10
|
$1,650.00
|
|
| 1-Bedroom apartment outside city center |
$2,063.73
£1,550.17
|
$1,500.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$263.90
£198.23
|
$126.18
|
|
pay (unknown) more for childcare
|
London
|
Fairbanks
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,333.60
£1,752.88
|
?? | |
| Middle school for 1 child, two semesters |
$27,892.30
£20,951.19
|
?? |
pay 9.2% more for entertainment and sports
|
London
|
Fairbanks
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.27
£6.21
|
$8.00
|
|
| Cappuccino in mid-range area |
$4.80
£3.61
|
$6.50
|
|
|
Pack of cigarettes
Marlboro or similar
|
$19.76
£14.84
|
$11.19
|
|
| Monthly membership at local gym |
$65.66
£49.32
|
$100.00
|
|
| Movie ticket to theater/cinema |
$16.14
£12.13
|
$16.99
|
|
pay 24.1% less for clothing
|
London
|
Fairbanks
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$96.94
£72.82
|
$60.00
|
|
|
Regular dress
from H&M or similar store
|
$50.55
£37.97
|
$40.00
|
|
|
Running shoes
Nike or Adidas
|
$114.87
£86.29
|
$85.00
|
|
| Men's business shoes (leather) |
$135.36
£101.68
|
$120.00
|
|
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