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Metropolitan Statistical Area

Cost of living in the Fairbanks Metro Area

1 counties across AK. Population: 95,555.

Avg. 1-bed rent
$1,272/mo
Avg. household income
$84,722/yr
Avg. home value
$282,500
Avg. monthly cost
$3,326/mo

Last updated May 22, 2026

Rent in the Fairbanks Metro Area

Average rent across the Fairbanks-College metro area, weighted by county population.

Studio
$1,144
per month
1 bedroom
$1,272
per month
2 bedroom
$1,669
per month
3 bedroom
$2,339
per month
4 bedroom
$2,803
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Fairbanks Metro Area

Earnings data averaged across all 1 counties.

Household income
$84,722
per year
Individual earnings
$48,026
per year
Per capita
$44,666
per year

Source: ACS (population-weighted metro average)

Home values in the Fairbanks Metro Area

Average home values and annual property tax across the metro.

Average home value
$282,500
Average annual property tax
$3,570

Source: ACS (population-weighted metro average)

Energy costs in the Fairbanks Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$139
per month
Monthly gas
$66
per month
Annual total
$2,460
per year

Source: EIA (state averages applied per county, weighted)

All 1 counties in the Fairbanks Metro Area

The Fairbanks-College metro area includes 1 counties. Sorted by population.

Compare counties in the Fairbanks Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

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Frequently asked questions about the Fairbanks Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Fairbanks Metro Area?

The estimated average cost of living in the Fairbanks-College metro area is approximately $3,326 per month for a single person. This is a population-weighted average across the 1 counties that make up the metro area.

What is the average rent in the Fairbanks Metro Area?

The average one-bedroom rent across the Fairbanks-College metro area is $1,272 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Fairbanks Metro Area?

Fairbanks North Star Borough, AK is the most affordable county in the Fairbanks-College metro area at approximately $3,326 per month for a single person.

What is the most expensive county in the Fairbanks Metro Area?

Fairbanks North Star Borough, AK is the most expensive county in the Fairbanks-College metro area at approximately $3,326 per month for a single person.

How many counties are in the Fairbanks Metro Area?

The Fairbanks-College metro area covers 1 counties. The five largest by population are Fairbanks North Star Borough.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.