Overall
- Fairbanks-College
- 103.2
- Albany
- 102.1
Diff -1.1 RPP
Fairbanks-College vs Albany
Cost of living comparison based on BEA Regional Price Parities. Albany is 1.1% less expensive than Fairbanks-College.
1.1% less expensive
Albany, OR is 1.1% less expensive than Fairbanks-College, AK on BEA Regional Price Parities (overall RPP 102.1 vs 103.2). A $100,000 salary in Fairbanks-College buys about the same as $98,926 in Albany; the largest component gap is services.
- Overall RPP 103.2 (Fairbanks-College) vs 102.1 (Albany)
- $100k in Fairbanks-College ≈ $98,926 purchasing power in Albany
- Services drives the gap (-15.0 RPP points)
RPP parity plate
Pair AK:OR 103.2→102.1
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE AK × OR
- 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.
Fairbanks-College
103.2
Cost Index
Albany
102.1
Cost Index
What This Comparison Actually Tells You
Fairbanks-College, AK and Albany, OR 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: Albany is 15.0 points lower. 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 Fairbanks-College to $98,926 in Albany, but it is not a personal spending weight.
Category Breakdown
Goods
- Fairbanks-College
- 107.3
- Albany
- 105.3
Diff -2.1 RPP
Services
- Fairbanks-College
- 119.8
- Albany
- 104.8
Diff -15.0 RPP
Rents
- Fairbanks-College
- 92.6
- Albany
- 101.1
Diff +8.5 RPP
| Category | Fairbanks-College | Albany | Difference |
|---|---|---|---|
| Overall | 103.2 | 102.1 | -1.1 |
| Goods | 107.3 | 105.3 | -2.1 |
| Services | 119.8 | 104.8 | -15.0 |
| Rents | 92.6 | 101.1 | +8.5 |
Visual Comparison
Overall
Fairbanks-College 103.2
Albany 102.1
Goods
Fairbanks-College 107.3
Albany 105.3
Services
Fairbanks-College 119.8
Albany 104.8
Rents
Fairbanks-College 92.6
Albany 101.1
Vertical line = national average (100)
Salary Equivalents
What a salary in Fairbanks-College would need to be in Albany for the same purchasing power:
| In Fairbanks-College | In Albany | Difference |
|---|---|---|
| $50,000 | $49,463 | $-537 |
| $75,000 | $74,195 | $-805 |
| $100,000 | $98,926 | $-1,074 |
| $150,000 | $148,390 | $-1,610 |
$ in Fairbanks-College = in Albany
Same BEA Regional Price Parity ratio as the table above (103.2 → 102.1), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Albany more expensive than Fairbanks-College?
Albany is 1.1% less expensive than Fairbanks-College. The overall cost index is 102.1 vs 103.2 (national average = 100).
What salary in Albany equals $100K in Fairbanks-College?
A $100,000 salary in Fairbanks-College has the same purchasing power as $98,926 in Albany. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Fairbanks-College and Albany?
Rents in Fairbanks-College are indexed at 92.6 while Albany is at 101.1 (national average = 100). Albany has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
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.