Living Cost Compare
Fairbanks

Alaska

$1,350/mo est.

vs
Sacramento

California

$1,760/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 $1,760 in Sacramento, CA. Overall, Fairbanks, AK is roughly 23% cheaper to live in day-to-day than Sacramento, CA, driven mainly by rent.

Median household income is $72,077 in Fairbanks, AK and $83,753 in Sacramento, CA — about 14% higher in Sacramento, CA. Alaska has no state income tax and no state sales tax; California has a top state income tax rate of 13.30% and a 7.25% state sales tax.

Rent

Studio
$883
$1,259
+43% in Sacramento, CA
1 Bedroom
$1,076
$1,418
+32% in Sacramento, CA
2 Bedroom
$1,428
$1,742
+22% in Sacramento, CA
3 Bedroom
$2,019
$1,973
+2% in Fairbanks, AK

Buying a Home

Median Home Value
$255,700
$484,600
+90% in Sacramento, CA

Income

Median Household Income
$72,077
$83,753
+16% in Sacramento, CA
Metro Median Wage (annual)
$61,810
$59,750
+3% in Fairbanks, AK

People & Lifestyle

Median Age
28.6 yr
35.7 yr
+7.1 yr in Sacramento, CA
Homeownership
40.5%
51.5%
+11.0 pp in Sacramento, CA
Bachelor's+ (25+)
26.5%
36.4%
+9.9 pp in Sacramento, CA
Avg Commute
14.1 min
25.6 min
+11.5 min in Sacramento, CA

Crime (per 100k/yr)

Violent Crime
726.1
756.6
+4% in Sacramento, CA
Property Crime
3,504.2
2,615.3
+25% 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
61.0°F
+33.3°F in Sacramento, CA
Annual Precipitation
10.8 in
18.5 in
+7.7 in in Sacramento, CA

Gas

Regular Gasoline
$5.21/gal
$5.52/gal
+6% in Sacramento, CA

Area: West Coast (PADD 5) vs California.

Public Transit

Base Fare (one-way)
$2.50

Adult base one-way fare — vs SacRT (2026).

Utilities

Electricity (¢/kWh)
28.2
34.7
+23% in Sacramento, CA
Natural Gas ($/MCF)
$17.35
$20.33
+17% in Sacramento, CA

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

Groceries

Milk (gal)
$4.82
$4.82
about equal
Bread (lb)
$2.04
$2.04
about equal
Eggs (doz)
$2.19
$2.19
about equal
Ground Beef (lb)
$7.36
$7.36
about equal
Chicken (lb)
$2.01
$2.01
about equal
Bananas (lb)
$0.70
$0.70
about equal

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

State Taxes

Sales Tax (AK / CA)
None
7.25%
+7.3 pp in CA
Income Tax (top rate)
None
13.30%
+13.3 pp in CA

Fairbanks vs Sacramento — FAQ

Is it cheaper to live in Fairbanks or Sacramento?
Fairbanks, AK is cheaper. Its monthly baseline of $1,350 (1BR rent + utilities) runs about 23% below Sacramento, CA's $1,760, mainly because of rent.
How much more do you need to earn to live in Fairbanks than in Sacramento?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $43,000 a year in Fairbanks versus $57,000 in Sacramento.
Which has lower taxes, Fairbanks or Sacramento?
Fairbanks is taxed under Alaska's rules (no state income tax and no state sales tax); Sacramento under California's (a top state income tax rate of 13.30% and a 7.25% 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).