Cost of Living: Fairbanks, AK vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Fairbanks, AK versus $4,175/mo in Hastings, NE. In the model, rent is about 21.43% of gross in Fairbanks, AK versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Fairbanks, AK and Hastings, NE.
At a glance
- Cheaper overall (lower cost-of-living index): Hastings, NE
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Fairbanks, AK
Cost of Living Index
Fairbanks, AK: 100 (U.S. = 100) · Hastings, NE: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Fairbanks, AK: $1,397/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Fairbanks, AK is $582/mo higher than in Hastings, NE.
Median Home Price
Fairbanks, AK: $255,700 · Hastings, NE: $177,200
Median home price in Fairbanks, AK is $78,500 higher than in Hastings, NE.
Median Household Income
Fairbanks, AK: $72,077 · Hastings, NE: $61,202
Fairbanks, AK has a higher median household income than Hastings, NE by $10,875.
Fairbanks, AK overview · Hastings, NE overview · Popular comparisons