๐Ÿ’ฐ COL Index: 99 โ€” Below Avg Cost

Salaries in Fairbanks, AK

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$79,200
across 27 roles
COL-Adjusted Avg
$79,678
real purchasing power
Top Paying Role
Marketing Manager
$157,336
1BR Rent
$1,253
median monthly

You might think that in a place like Fairbanks, the top-paying job would be something rugged, maybe an oil field supervisor. You'd be wrong. It's actually a marketing manager, pulling in over $157,000. Thatโ€™s a counterintuitive slice of the corporate life that exists up here, far from the Lower 48โ€™s boardrooms.

With a cost of living index of 99.4, Fairbanks is basically dead even with the national average. That means your paycheck stretches about as far as it would in a typical American city, which is a surprise. For $1,253 a month, you can get a decent one-bedroom apartment, but thatโ€™s not exactly a steal when the median household income is $72,077. Itโ€™s not a bargain, but itโ€™s not a rip-off either.

So where does that money come from? The economy here is a fascinating mix. Youโ€™ve got the University of Alaska Fairbanks as a huge employer, plus the Fort Wainwright Army post driving a lot of service and construction jobs. The tech scene is smaller but mighty, with software developers earning a solid $127,030. But let's be honest: the high-paying jobs are dominated by regional corporate roles, healthcare, and skilled trades.

Hereโ€™s my honest take: wages are holding steady, but the frontier isnโ€™t as cheap as it used to be. The catch is that your earning potential is limited by the cityโ€™s size. This place works beautifully for a dual-income household or a skilled professional who can command a premium. For others, itโ€™s a tougher climb.

The data below will break down exactly who is winning and who is just getting by in the Golden Heart City.

๐Ÿ† Top 5 Highest-Paying Jobs in Fairbanks

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -0% vs national

Marketing Manager

$157,336
๐Ÿ’ก COL-Adjusted $158,286
โฑ Hourly $75.64/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 64
๐Ÿฅˆ -0% vs national

Pharmacist

$135,785
๐Ÿ’ก COL-Adjusted $136,605
โฑ Hourly $65.28/hr
๐Ÿ“ˆ Job Growth -3.0%
๐Ÿ‘ฅ Jobs Here 64
๐Ÿฅ‰ -0% vs national

Software Developer

$127,030
๐Ÿ’ก COL-Adjusted $127,797
โฑ Hourly $61.07/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿ‘ฅ Jobs Here 193
4๏ธโƒฃ -0% vs national

Construction Manager

$108,015
๐Ÿ’ก COL-Adjusted $108,667
โฑ Hourly $51.93/hr
๐Ÿ“ˆ Job Growth +8.0%
๐Ÿ‘ฅ Jobs Here 64
5๏ธโƒฃ -0% vs national

Project Manager

$101,097
๐Ÿ’ก COL-Adjusted $101,707
โฑ Hourly $48.60/hr
๐Ÿ“ˆ Job Growth +6.0%
๐Ÿ‘ฅ Jobs Here 64

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Fairbanks

COL-Adjusted Salary = Raw salary divided by the cost of living index (99/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Marketing Manager $157,336
2 Pharmacist $135,785
3 Software Developer $127,030
4 Construction Manager $108,015
5 Project Manager $101,097
6 Physical Therapist $99,530
7 Financial Analyst $98,831
8 Web Developer $92,583
9 Dental Hygienist $87,372
10 Accountant $85,925
11 Registered Nurse $85,915
12 Data Analyst $83,209
13 Police Officer $74,775
14 Human Resources Specialist $67,528
15 Elementary School Teacher $63,555
16 Plumber $63,235
17 Paralegal $62,637
18 Electrician $61,439
19 Real Estate Agent $61,369
20 Graphic Designer $61,229
21 Firefighter $57,017
22 Carpenter $56,817
23 HVAC Technician $55,569
24 Heavy Truck Driver $52,994
25 Nursing Assistant (CNA) $49,910
26 Welder $49,500
27 Medical Assistant $38,201

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Fairbanks

๐Ÿ 
1BR Rent
$1,253/mo
๐Ÿก
2BR Rent
$1,646/mo
๐Ÿ˜๏ธ
Median Home
$341,000
๐Ÿ“‰
Unemployment
4.2%
๐Ÿ’ณ
Median Income
$72,077
๐ŸŽ“
College Educated
27%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
99
Below Avg Cost

๐Ÿงฎ Can You Afford to Live in Fairbanks?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Fairbanks. Enter your salary and see exactly how far your money goes.

โ“ Fairbanks Salary FAQ

What is the average salary in Fairbanks, AK?

โ–ผ
Across 40 occupations, the average salary is $79,200 in 2026. This is 9.5% above the median household income of $72,077. Insight: The average masks wide variation, as the highest-paying role earns more than double the average.

What jobs pay the most in Fairbanks?

โ–ผ
The highest-paying role is Marketing Manager at $157,336 in 2026. This is 98.6% higher than the average salary of $79,200. Insight: Management and specialized roles typically dominate the top of the pay scale in Fairbanks.

Is Fairbanks affordable on a Marketing Manager salary?

โ–ผ
A Marketing Manager salary of $157,336 is 4.5x the 1BR rent of $1,253/mo ($15,036/yr). With a COL index of 99.4, purchasing power is near the national average. Insight: Housing costs are low relative to this salary, making affordability strong for this role.

How does Fairbanks's cost of living affect my paycheck?

โ–ผ
Fairbanks's COL index of 99.4 means prices are 0.6% below the national average, so your paycheck goes slightly further. 1BR rent at $1,253/mo ($15,036/yr) is 19.0% of the average salary. Insight: The slightly below-average COL boosts real income, but housing still claims a meaningful share.

What salary do you need to live comfortably in Fairbanks?

โ–ผ
A comfortable budget often targets 30% of income on housing; for a 1BR at $1,253/mo, that implies a $50,120 salary. The average salary of $79,200 exceeds this by 58%, suggesting broad comfort for average earners. Insight: At a 99.4 COL index, $50kโ€“$60k is a practical baseline for single-person comfort.

๐Ÿ“ Editor's Verdict: Is Fairbanks Worth It?

Here's my honest verdict: Fairbanks isn't a gold rush, but itโ€™s a steady bet. With an average salary of $79,200 and a cost of living index just under the national average (99.4), your money goes about as far as it does elsewhereโ€”minus the brutal winter heating bills. The real standout? Marketing Managers, pulling in a COL-adjusted $158,286, proving you can still command big-city pay in a small-town setting.

Who benefits most here? Healthcare workers and skilled trades are in constant demand, while tech pros can find opportunity if theyโ€™re willing to hustle. Remote workers? Youโ€™ll stretch that salary further than in Anchorage.

My advice? Before you pack your parka, secure a job offer with a solid relocation package. Fairbanks is remote, beautiful, and financially viableโ€”but itโ€™s not a place you wing. Make sure the math works before you commit.

Explore Fairbanks Further