Phoenix-Mesa-Chandler vs Fairbanks-College

Cost of living comparison based on BEA Regional Price Parities. Fairbanks-College is 0.1% less expensive than Phoenix-Mesa-Chandler.

0.1% less expensive

Fairbanks-College, AK is 0.1% less expensive than Phoenix-Mesa-Chandler, AZ on BEA Regional Price Parities (overall RPP 103.2 vs 103.3). A $100,000 salary in Phoenix-Mesa-Chandler buys about the same as $99,895 in Fairbanks-College; the largest component gap is rents.

  • Overall RPP 103.3 (Phoenix-Mesa-Chandler) vs 103.2 (Fairbanks-College)
  • $100k in Phoenix-Mesa-Chandler ≈ $99,895 purchasing power in Fairbanks-College
  • Rents drives the gap (-28.7 RPP points)

RPP parity plate

Pair AZ:AK 103.3→103.2

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE AZ × 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.

Phoenix-Mesa-Chandler
103.3
Cost Index
Fairbanks-College
103.2
Cost Index

What This Comparison Actually Tells You

Phoenix-Mesa-Chandler, AZ and Fairbanks-College, AK are a photo finish on overall price level, only 0.1 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 28.7 points lower. But services and 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 Phoenix-Mesa-Chandler corresponds to $99,895 in Fairbanks-College.

Category Breakdown

Visual Comparison

Overall
Phoenix-Mesa-Chandler
103.3
Fairbanks-College
103.2
Goods
Phoenix-Mesa-Chandler
95.0
Fairbanks-College
107.3
Services
Phoenix-Mesa-Chandler
93.3
Fairbanks-College
119.8
Rents
Phoenix-Mesa-Chandler
121.2
Fairbanks-College
92.6

Vertical line = national average (100)

Salary Equivalents

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

In Phoenix-Mesa-Chandler In Fairbanks-College Difference
$50,000 $49,948 $-52
$75,000 $74,922 $-78
$100,000 $99,895 $-105
$150,000 $149,843 $-157
$ in Phoenix-Mesa-Chandler = in Fairbanks-College

Same BEA Regional Price Parity ratio as the table above (103.3 → 103.2), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Fairbanks-College more expensive than Phoenix-Mesa-Chandler?

Fairbanks-College is 0.1% less expensive than Phoenix-Mesa-Chandler. The overall cost index is 103.2 vs 103.3 (national average = 100).

What salary in Fairbanks-College equals $100K in Phoenix-Mesa-Chandler?

A $100,000 salary in Phoenix-Mesa-Chandler has the same purchasing power as $99,895 in Fairbanks-College. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Phoenix-Mesa-Chandler and Fairbanks-College?

Rents in Phoenix-Mesa-Chandler are indexed at 121.2 while Fairbanks-College is at 92.6 (national average = 100). Phoenix-Mesa-Chandler 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.