Bloomington vs Fairbanks-College

Cost of living comparison based on BEA Regional Price Parities. Fairbanks-College is 10.3% more expensive than Bloomington.

10.3% more expensive

Fairbanks-College, AK is 10.3% more expensive than Bloomington, IL on BEA Regional Price Parities (overall RPP 103.2 vs 93.5). A $100,000 salary in Bloomington buys about the same as $110,339 in Fairbanks-College; the largest component gap is services.

  • Overall RPP 93.5 (Bloomington) vs 103.2 (Fairbanks-College)
  • $100k in Bloomington ≈ $110,339 purchasing power in Fairbanks-College
  • Services drives the gap (+30.2 RPP points)

RPP parity plate

Pair IL:AK 93.5→103.2

TIER-GAP · CROSS-STATE · SERVICES-LED · BENCH-CROSS · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE IL × AK
  • SERVICES-LED Services-led gap
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

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.

What This Comparison Actually Tells You

Bloomington, IL and Fairbanks-College, AK sit in clearly different price tiers, separated by 9.7 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.

This route crosses the national benchmark: Fairbanks-College is above 100 while Bloomington is below it. That makes the move a change of price regime, not merely a rank swap.

Services leads the difference, with Fairbanks-College 30.2 points higher than Bloomington. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.

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

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 Bloomington to $110,339 in Fairbanks-College, but it is not a personal spending weight.

How the Price Gap Changed

Bloomington and Fairbanks-College share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 7.8 to 9.7 RPP points. Fairbanks-College remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 30.4 points between the first and latest shared releases (0.3 to 30.2 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Bloomington RPP Fairbanks-College RPP Relative Gap
2008 96.9 104.7 7.8 points Fairbanks-College higher
2012 96.4 97.9 1.6 points Fairbanks-College higher
2016 93.8 100.4 6.6 points Fairbanks-College higher
2020 92.7 99.4 6.7 points Fairbanks-College higher
2024 93.5 103.2 9.7 points Fairbanks-College higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Category Breakdown

Visual Comparison

Overall
Bloomington
93.5
Fairbanks-College
103.2
Goods
Bloomington
93.6
Fairbanks-College
107.3
Services
Bloomington
89.6
Fairbanks-College
119.8
Rents
Bloomington
74.7
Fairbanks-College
92.6

Vertical line = national average (100)

Salary Equivalents

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

In Bloomington In Fairbanks-College Difference
$50,000 $55,170 +$5,170
$75,000 $82,754 +$7,754
$100,000 $110,339 +$10,339
$150,000 $165,509 +$15,509
$ in Bloomington = in Fairbanks-College

Same BEA Regional Price Parity ratio as the table above (93.5 → 103.2), computed live from your number, nothing is sent anywhere.

Bloomington
93.5
Cost Index
Fairbanks-College
103.2
Cost Index

Frequently Asked Questions

Is Fairbanks-College more expensive than Bloomington?

Fairbanks-College is 10.3% more expensive than Bloomington. The overall cost index is 103.2 vs 93.5 (national average = 100).

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

A $100,000 salary in Bloomington has the same purchasing power as $110,339 in Fairbanks-College. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Bloomington and Fairbanks-College?

Rents in Bloomington are indexed at 74.7 while Fairbanks-College is at 92.6 (national average = 100). Fairbanks-College 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.