Cost of living in Fairbanks is 81% higher than in Balboa (without rent).
Rent in Fairbanks is 138% more expensive than in Balboa.
Cost of living including rent in Fairbanks is 111% higher than in Balboa.
Food in Fairbanks is 79% more expensive than in Balboa.
Transport in Fairbanks is 42% more expensive than in Balboa.
| Fairbanks | Balboa | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Fairbanks | Balboa | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
25 $ | 11.4 $ |
| Dinner, for 2 | 88.2 $ | 55.8 $ |
| Fast food, McDonalds or KFC | 13.9 $ | 7.67 $ |
| Beer, 0.5 L or 16 fl oz | 8.01 $ | 2.86 $ |
| Capuccino | 6.52 $ | 4.08 $ |
| Coke, 330ml | 2.81 $ | 1.91 $ |
Markets |
Milk, 1 L or 1 qt | 1.12 $ | 1.73 $ |
| Bread, 0.5 kg or 1 lb | 5.28 $ | 2.23 $ |
| Rice, 1 kg or 2 lb | 5.26 $ | 2.26 $ |
| Eggs, 12 pack | 3.27 $ | 2.66 $ |
| Cheese, 1 kg or 2 lb | 17.7 $ | 12.9 $ |
| Chicken Breast, 1 kg or 2 lb | 16.9 $ | 7.36 $ |
| Round Steak, 1 kg or 2 lb | 20.8 $ | 10.1 $ |
| Apples, 1 kg or 2 lb | 7.98 $ | 3.24 $ |
| Banana, 1 kg or 2 lb | 2.84 $ | 1.54 $ |
| Oranges, 1 kg or 2 lb | 7.16 $ | 3.05 $ |
| Potatoes, 1 kg or 2 lb | 4.13 $ | 2.19 $ |
| Onions, 1 kg or 2 lb | 3.05 $ | 2.49 $ |
| Water, 1 L or 1 qt | 1.34 $ | 1.01 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 3.16 $ | 2.44 $ |
| Wine, 750 mL bottle | 14.9 $ | 8.93 $ |
| Beer, 0.5 L or 16 fl oz | 1.73 $ | 1.13 $ |
| Cigarette pack | 11.3 $ | 5.94 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.51 $ | 0.39 $ |
| Monthly pass, Monthly Ticket | 40.2 $ | 28.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.05 $ | 1.02 $ |
| Taxi, 8 km | 20.8 $ | 14.6 $ |
Personal Care |
||
| Doctor visit, private clinic | 167 $ | 46.7 $ |
| Cold medicine, for 1 week | 9.24 $ | 10.9 $ |
| Hair shampoo, 400 ml or 12 oz | 4.82 $ | 6.51 $ |
| Toilet paper, 4 rolls | 4.34 $ | 2.97 $ |
| Toothpaste, 1 tube | 2.37 $ | 2.86 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
101 $ | 77.5 $ |
| Utility bill - family, electricity, heating, water & garbage |
156 $ | 118 $ |
| Internet plan, +60 Mbps |
114 $ | 47.9 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 1,347 $ | 493 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,995 $ | 1,015 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,483 $ | 745 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 2,286 $ | 1,558 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 1,902 $ | 2,284 $ |
| Price per Square Meter to Buy House, in suburbs | 1,888 $ | 1,473 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 5,411 $ | 862 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.57 % | 6.27 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 99.4 $ | 41.2 $ |
| Cinema, 1 seat | 17 $ | 6.62 $ |
| Haircut | 22.9 $ | 12.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 84.3 $ | 88.6 $ |
| Brand Jeans, Levis 501 | 60.5 $ | 53.2 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 1,024 $ | 436 $ |
| International Primary School, yearly for 1 child | 12,019 $ | 9,387 $ |