Overall
- New Haven
- 104.6
- Fairbanks-College
- 103.2
Diff -1.4 RPP
New Haven vs Fairbanks-College
Cost of living comparison based on BEA Regional Price Parities. Fairbanks-College is 1.3% less expensive than New Haven.
1.3% less expensive
Fairbanks-College, AK is 1.3% less expensive than New Haven, CT on BEA Regional Price Parities (overall RPP 103.2 vs 104.6). A $100,000 salary in New Haven buys about the same as $98,708 in Fairbanks-College; the largest component gap is rents.
- Overall RPP 104.6 (New Haven) vs 103.2 (Fairbanks-College)
- $100k in New Haven ≈ $98,708 purchasing power in Fairbanks-College
- Rents drives the gap (-31.7 RPP points)
RPP parity plate
Pair CT:AK 104.6→103.2
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE CT × 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.
New Haven
104.6
Cost Index
Fairbanks-College
103.2
Cost Index
What This Comparison Actually Tells You
New Haven, CT and Fairbanks-College, AK are a photo finish on overall price level, only 1.4 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Rents creates the largest separation: Fairbanks-College is 31.7 points lower. But goods 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 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 New Haven corresponds to $98,708 in Fairbanks-College.
Category Breakdown
Goods
- New Haven
- 97.3
- Fairbanks-College
- 107.3
Diff +10.0 RPP
Services
- New Haven
- 144.8
- Fairbanks-College
- 119.8
Diff -25.1 RPP
Rents
- New Haven
- 124.3
- Fairbanks-College
- 92.6
Diff -31.7 RPP
| Category | New Haven | Fairbanks-College | Difference |
|---|---|---|---|
| Overall | 104.6 | 103.2 | -1.4 |
| Goods | 97.3 | 107.3 | +10.0 |
| Services | 144.8 | 119.8 | -25.1 |
| Rents | 124.3 | 92.6 | -31.7 |
Visual Comparison
Overall
New Haven 104.6
Fairbanks-College 103.2
Goods
New Haven 97.3
Fairbanks-College 107.3
Services
New Haven 144.8
Fairbanks-College 119.8
Rents
New Haven 124.3
Fairbanks-College 92.6
Vertical line = national average (100)
How the Price Gap Changed
New Haven and Fairbanks-College share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 9.9 to 1.4 RPP points. New Haven remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 32.0 points between the first and latest shared releases (57.1 to 25.1 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | New Haven RPP | Fairbanks-College RPP | Relative Gap |
|---|---|---|---|
| 2008 | 114.6 | 104.7 | 9.9 points New Haven higher |
| 2012 | 111.0 | 97.9 | 13.1 points New Haven higher |
| 2016 | 109.3 | 100.4 | 8.9 points New Haven higher |
| 2020 | 104.0 | 99.4 | 4.6 points New Haven higher |
| 2024 | 104.6 | 103.2 | 1.4 points New Haven 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.
Salary Equivalents
What a salary in New Haven would need to be in Fairbanks-College for the same purchasing power:
| In New Haven | In Fairbanks-College | Difference |
|---|---|---|
| $50,000 | $49,354 | $-646 |
| $75,000 | $74,031 | $-969 |
| $100,000 | $98,708 | $-1,292 |
| $150,000 | $148,062 | $-1,938 |
$ in New Haven = in Fairbanks-College
Same BEA Regional Price Parity ratio as the table above (104.6 → 103.2), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Fairbanks-College more expensive than New Haven?
Fairbanks-College is 1.3% less expensive than New Haven. The overall cost index is 103.2 vs 104.6 (national average = 100).
What salary in Fairbanks-College equals $100K in New Haven?
A $100,000 salary in New Haven has the same purchasing power as $98,708 in Fairbanks-College. This is based on the BEA Regional Price Parity indexes.
How do rents compare between New Haven and Fairbanks-College?
Rents in New Haven are indexed at 124.3 while Fairbanks-College is at 92.6 (national average = 100). New Haven 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.