Overall
- Fairbanks-College
- 103.2
- Milwaukee-Waukesha
- 96.9
Diff -6.3 RPP
Fairbanks-College vs Milwaukee-Waukesha
Cost of living comparison based on BEA Regional Price Parities. Milwaukee-Waukesha is 6.1% less expensive than Fairbanks-College.
6.1% less expensive
Milwaukee-Waukesha, WI is 6.1% less expensive than Fairbanks-College, AK on BEA Regional Price Parities (overall RPP 96.9 vs 103.2). A $100,000 salary in Fairbanks-College buys about the same as $93,924 in Milwaukee-Waukesha; the largest component gap is services.
- Overall RPP 103.2 (Fairbanks-College) vs 96.9 (Milwaukee-Waukesha)
- $100k in Fairbanks-College ≈ $93,924 purchasing power in Milwaukee-Waukesha
- Services drives the gap (-28.2 RPP points)
RPP parity plate
Pair AK:WI 103.2→96.9
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE AK × WI
- 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
Goods
- Fairbanks-College
- 107.3
- Milwaukee-Waukesha
- 93.8
Diff -13.6 RPP
Services
- Fairbanks-College
- 119.8
- Milwaukee-Waukesha
- 91.6
Diff -28.2 RPP
Rents
- Fairbanks-College
- 92.6
- Milwaukee-Waukesha
- 97.1
Diff +4.5 RPP
| Category | Fairbanks-College | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Overall | 103.2 | 96.9 | -6.3 |
| Goods | 107.3 | 93.8 | -13.6 |
| Services | 119.8 | 91.6 | -28.2 |
| Rents | 92.6 | 97.1 | +4.5 |
Visual Comparison
Overall
Fairbanks-College 103.2
Milwaukee-Waukesha 96.9
Goods
Fairbanks-College 107.3
Milwaukee-Waukesha 93.8
Services
Fairbanks-College 119.8
Milwaukee-Waukesha 91.6
Rents
Fairbanks-College 92.6
Milwaukee-Waukesha 97.1
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Milwaukee-Waukesha is 28.2 points lower. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Milwaukee-Waukesha, WI is 6.1% less expensive than Fairbanks-College, AK, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.3-point overall gap.
This route crosses the national benchmark: Fairbanks-College is above 100 while Milwaukee-Waukesha 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 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 $93,924 in Milwaukee-Waukesha, but it is not a personal spending weight.
Fairbanks-College
103.2
Cost Index
Milwaukee-Waukesha
96.9
Cost Index
Salary Equivalents
What a salary in Fairbanks-College would need to be in Milwaukee-Waukesha for the same purchasing power:
| In Fairbanks-College | In Milwaukee-Waukesha | Difference |
|---|---|---|
| $50,000 | $46,962 | $-3,038 |
| $75,000 | $70,443 | $-4,557 |
| $100,000 | $93,924 | $-6,076 |
| $150,000 | $140,886 | $-9,114 |
$ in Fairbanks-College = in Milwaukee-Waukesha
Same BEA Regional Price Parity ratio as the table above (103.2 → 96.9), computed live from your number, nothing is sent anywhere.
How the Price Gap Changed
Fairbanks-College and Milwaukee-Waukesha share 17 published annual releases from 2008 through 2024. Their overall gap held broadly steady, moving from 7.0 to 6.3 RPP points. Fairbanks-College remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 36.8 points between the first and latest shared releases (8.6 to 28.2 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Fairbanks-College RPP | Milwaukee-Waukesha RPP | Relative Gap |
|---|---|---|---|
| 2008 | 104.7 | 97.7 | 7.0 points Fairbanks-College higher |
| 2012 | 97.9 | 97.6 | 0.3 points Fairbanks-College higher |
| 2016 | 100.4 | 99.1 | 1.3 points Fairbanks-College higher |
| 2020 | 99.4 | 95.7 | 3.6 points Fairbanks-College higher |
| 2024 | 103.2 | 96.9 | 6.3 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 Milwaukee-Waukesha more expensive than Fairbanks-College?
Milwaukee-Waukesha is 6.1% less expensive than Fairbanks-College. The overall cost index is 96.9 vs 103.2 (national average = 100).
What salary in Milwaukee-Waukesha equals $100K in Fairbanks-College?
A $100,000 salary in Fairbanks-College has the same purchasing power as $93,924 in Milwaukee-Waukesha. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Fairbanks-College and Milwaukee-Waukesha?
Rents in Fairbanks-College are indexed at 92.6 while Milwaukee-Waukesha is at 97.1 (national average = 100). Milwaukee-Waukesha 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.