Alaska

Living wage in Fairbanks, Alaska

Most of Fairbanks is in Fairbanks North Star Borough, where a full-time job needs to pay at least $32.11 an hour before taxes to take home four times the typical studio rent.

Pay needed, before taxes$32.11/hrFairbanks North Star Borough standard
At Fairbanks's middle rent$31.33/hrstudio rent $1,050 a month
Check a job's pay hereAll the numbers for Fairbanks North Star Borough

Across the 9 ZIP codes in Fairbanks with HUD rent figures, studio rents run from $1,050 to $1,080 a month. At the middle rent, $1,050, a full-time job would need to pay $31.33 an hour before taxes.

ZIP codes in Fairbanks

What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.

ZIPCountyStudio rentPay needed
99701Fairbanks North Star Borough$1,050/mo$31.33/hr
99706Fairbanks North Star Borough$1,050/mo$31.33/hr
99707Fairbanks North Star Borough$1,080/mo$32.27/hr
99708Fairbanks North Star Borough$1,080/mo$32.27/hr
99709Fairbanks North Star Borough$1,050/mo$31.33/hr
99710Fairbanks North Star Borough$1,080/mo$32.27/hr
99712Fairbanks North Star Borough$1,050/mo$31.33/hr
99775Fairbanks North Star Borough$1,050/mo$31.33/hr
99790Fairbanks North Star Borough$1,050/mo$31.33/hr

Questions

How much do you need to make to live in Fairbanks, Alaska?

Under the Four Times Rent standard, a full-time job in Fairbanks needs to pay at least $32.11 an hour before taxes, about $66,793 a year. That is the figure for Fairbanks North Star Borough, where the typical studio rent is $1,075 a month.

Does it vary by neighborhood?

Yes. Across the 9 ZIP codes in Fairbanks with HUD rent figures, studio rents run from $1,050 to $1,080 a month. At the middle rent of $1,050, the pay needed would be $31.33 an hour.

How does that compare with the minimum wage?

The minimum wage in Fairbanks North Star Borough is $14.00 an hour. The Four Times Rent standard there is 2.3 times that.

The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads