Fairbanks-College vs Binghamton

Cost of living comparison based on BEA Regional Price Parities. Binghamton is 10% less expensive than Fairbanks-College.

10% less expensive

Binghamton, NY is 10% less expensive than Fairbanks-College, AK on BEA Regional Price Parities (overall RPP 92.9 vs 103.2). A $100,000 salary in Fairbanks-College buys about the same as $89,977 in Binghamton; the largest component gap is rents.

  • Overall RPP 103.2 (Fairbanks-College) vs 92.9 (Binghamton)
  • $100k in Fairbanks-College ≈ $89,977 purchasing power in Binghamton
  • Rents drives the gap (-22.9 RPP points)

RPP parity plate

Pair AK:NY 103.2→92.9

TIER-GAP · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE AK × NY
  • SPLIT-BUDGET Split budget
  • 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.

Category Breakdown

Visual Comparison

Overall
Fairbanks-College
103.2
Binghamton
92.9
Goods
Fairbanks-College
107.3
Binghamton
99.7
Services
Fairbanks-College
119.8
Binghamton
131.6
Rents
Fairbanks-College
92.6
Binghamton
69.7

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Binghamton is 22.9 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Fairbanks-College, AK and Binghamton, NY sit in clearly different price tiers, separated by 10.3 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 Binghamton is below it. That makes the move a change of price regime, not merely a rank swap.

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

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Fairbanks-College corresponds to $89,977 in Binghamton.

Fairbanks-College
103.2
Cost Index
Binghamton
92.9
Cost Index

Salary Equivalents

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

In Fairbanks-College In Binghamton Difference
$50,000 $44,988 $-5,012
$75,000 $67,482 $-7,518
$100,000 $89,977 $-10,023
$150,000 $134,965 $-15,035
$ in Fairbanks-College = in Binghamton

Same BEA Regional Price Parity ratio as the table above (103.2 → 92.9), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Fairbanks-College and Binghamton share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 7.6 to 10.3 RPP points. Fairbanks-College remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 31.6 points between the first and latest shared releases (43.3 to 11.8 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Fairbanks-College RPP Binghamton RPP Relative Gap
2008 104.7 97.0 7.6 points Fairbanks-College higher
2012 97.9 94.9 3.0 points Fairbanks-College higher
2016 100.4 96.1 4.3 points Fairbanks-College higher
2020 99.4 96.9 2.4 points Fairbanks-College higher
2024 103.2 92.9 10.3 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.

Frequently Asked Questions

Is Binghamton more expensive than Fairbanks-College?

Binghamton is 10% less expensive than Fairbanks-College. The overall cost index is 92.9 vs 103.2 (national average = 100).

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

A $100,000 salary in Fairbanks-College has the same purchasing power as $89,977 in Binghamton. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Fairbanks-College and Binghamton?

Rents in Fairbanks-College are indexed at 92.6 while Binghamton is at 69.7 (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.