Living Cost Compare
Fairbanks

Alaska

$1,350/mo est.

vs
Greenville

South Carolina

$1,300/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,350 in Fairbanks, AK versus $1,300 in Greenville, SC. Overall, Greenville, SC is roughly 4% cheaper to live in day-to-day than Fairbanks, AK, driven mainly by electricity costs.

Median household income is $72,077 in Fairbanks, AK and $68,460 in Greenville, SC — about 5% higher in Fairbanks, AK. Alaska has no state income tax and no state sales tax; South Carolina has a top state income tax rate of 6.00% and a 6% state sales tax.

Rent

Studio
$883
$1,175
+33% in Greenville, SC
1 Bedroom
$1,076
$1,113
+3% in Greenville, SC
2 Bedroom
$1,428
$1,325
+7% in Fairbanks, AK
3 Bedroom
$2,019
$1,550
+23% in Fairbanks, AK

Buying a Home

Median Home Value
$255,700
$453,300
+77% in Greenville, SC

Income

Median Household Income
$72,077
$68,460
+5% in Fairbanks, AK
Metro Median Wage (annual)
$61,810
$46,580
+25% in Fairbanks, AK

People & Lifestyle

Median Age
28.6 yr
34.8 yr
+6.2 yr in Greenville, SC
Homeownership
40.5%
41.2%
+0.7 pp in Greenville, SC
Bachelor's+ (25+)
26.5%
55.0%
+28.5 pp in Greenville, SC
Avg Commute
14.1 min
19.9 min
+5.8 min in Greenville, SC

Crime (per 100k/yr)

Violent Crime
726.1
649.8
+11% in Fairbanks, AK
Property Crime
3,504.2
3,479.3
+1% in Fairbanks, AK

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
27.7°F
60.5°F
+32.8°F in Greenville, SC
Annual Precipitation
10.8 in
50.8 in
+40.0 in in Greenville, SC

Gas

Regular Gasoline
$5.21/gal
$3.94/gal
+24% in Fairbanks, AK

Area: West Coast (PADD 5) vs East Coast (PADD 1).

Utilities

Electricity (¢/kWh)
28.2
15.6
+45% in Fairbanks, AK
Natural Gas ($/MCF)
$17.35
$29.07
+68% in Greenville, SC

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.82
$4.00
+17% in Fairbanks, AK
Bread (lb)
$2.04
$1.75
+14% in Fairbanks, AK
Eggs (doz)
$2.19
$2.21
+1% in Greenville, SC
Ground Beef (lb)
$7.36
$6.45
+12% in Fairbanks, AK
Chicken (lb)
$2.01
$1.90
+6% in Fairbanks, AK
Bananas (lb)
$0.70
$0.62
+12% in Fairbanks, AK

Average prices — West vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (AK / SC)
None
6%
+6.0 pp in SC
Income Tax (top rate)
None
6.00%
+6.0 pp in SC

Fairbanks vs Greenville — FAQ

Is it cheaper to live in Fairbanks or Greenville?
Greenville, SC is cheaper. Its monthly baseline of $1,300 (1BR rent + utilities) runs about 4% below Fairbanks, AK's $1,350, mainly because of electricity costs.
How much more do you need to earn to live in Fairbanks than in Greenville?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $43,000 a year in Fairbanks versus $45,000 in Greenville.
Which has lower taxes, Fairbanks or Greenville?
Fairbanks is taxed under Alaska's rules (no state income tax and no state sales tax); Greenville under South Carolina's (a top state income tax rate of 6.00% and a 6% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).