Albany vs Fairbanks-College

Cost of living comparison based on BEA Regional Price Parities. Fairbanks-College is 1.1% more expensive than Albany.

1.1% more expensive

Fairbanks-College, AK is 1.1% more expensive than Albany, OR on BEA Regional Price Parities (overall RPP 103.2 vs 102.1). A $100,000 salary in Albany buys about the same as $101,085 in Fairbanks-College; the largest component gap is services.

  • Overall RPP 102.1 (Albany) vs 103.2 (Fairbanks-College)
  • $100k in Albany ≈ $101,085 purchasing power in Fairbanks-College
  • Services drives the gap (+15.0 RPP points)

RPP parity plate

Pair OR:AK 102.1→103.2

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE OR × AK
  • SPLIT-BUDGET Split budget
  • BOTH-ABOVE Both above 100
  • PP-PAR PP near-par

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Albany
102.1
Cost Index
Fairbanks-College
103.2
Cost Index

What This Comparison Actually Tells You

Albany, OR and Fairbanks-College, AK are a photo finish on overall price level, only 1.1 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Services creates the largest separation: Fairbanks-College is 15.0 points higher. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

Both metros exceed the U.S. benchmark of 100. The choice is between two national premiums, so local wages need to clear the higher baseline in either market.

For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Albany to $101,085 in Fairbanks-College, but it is not a personal spending weight.

Category Breakdown

Visual Comparison

Overall
Albany
102.1
Fairbanks-College
103.2
Goods
Albany
105.3
Fairbanks-College
107.3
Services
Albany
104.8
Fairbanks-College
119.8
Rents
Albany
101.1
Fairbanks-College
92.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Albany would need to be in Fairbanks-College for the same purchasing power:

In Albany In Fairbanks-College Difference
$50,000 $50,543 +$543
$75,000 $75,814 +$814
$100,000 $101,085 +$1,085
$150,000 $151,628 +$1,628
$ in Albany = in Fairbanks-College

Same BEA Regional Price Parity ratio as the table above (102.1 → 103.2), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Fairbanks-College more expensive than Albany?

Fairbanks-College is 1.1% more expensive than Albany. The overall cost index is 103.2 vs 102.1 (national average = 100).

What salary in Fairbanks-College equals $100K in Albany?

A $100,000 salary in Albany has the same purchasing power as $101,085 in Fairbanks-College. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Albany and Fairbanks-College?

Rents in Albany are indexed at 101.1 while Fairbanks-College is at 92.6 (national average = 100). Albany has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.