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Soldotna vs Fairbanks

Cost of living, salaries, climate and quality of life compared side by side.

Alaska, USA
View Soldotna profile
#554 in USA
48
Overall Score
VS
Alaska, USA
View Fairbanks profile
#592 in USA
43
Overall Score
Soldotna scores higher overall

Score Breakdown

Soldotna
Fairbanks
Livability
75
72
Affordability
62
55
Business
65
65
Growth
68
60

Cost of Living

Fairbanks is the more affordable option overall — monthly living expenses run about 2% lower than in Soldotna. Housing costs are a major driver: Soldotna's average rent is 26% higher than Fairbanks's.
MetricSoldotnaFairbanksDiff
Average Rent
$1,850$1,464+26%
Groceries
$520$550-5%
Utilities
$210$617-66%
Transport
$140$120+17%
Healthcare
$270$187+44%
Monthly Total
$2,990$2,938+2%
Cost Index
118123out of 100

Salary & Income

Soldotna offers 9% higher average salaries. However, when adjusted for local cost of living, Soldotna delivers stronger purchasing power — meaning your dollar stretches further day-to-day. The minimum comfortable salary in Soldotna is estimated at $58,000 vs $87,000 in Fairbanks.
MetricSoldotnaFairbanks
Average Salary
$62,000$56,940
Salary Needed
$58,000$87,000
Purchasing Power
52,542 idx46,293 idx
Household Income
$56,280$73,534

Climate Comparison

Soldotna runs warmer on average — a 38.7°F difference year-round. For sunshine, Soldotna comes out ahead with 223 more sunny days per year, which can meaningfully impact mood and outdoor lifestyle. Winter severity differs too — Soldotna sees 63.7 more inches of snowfall annually.
MetricSoldotnaFairbanks
Avg Temp
38.70°F°F
Summer High
62.10°F°F
Winter Low
14.60°F°F
Rainfall
37.40 in in
Snowfall
63.70 in in
Sunny Days
223
Humidity
72.00%%

Commute & Transport

Soldotna has the shorter commute — saving residents roughly 2,500 minutes (42 hours) per year compared to Fairbanks. Soldotna scores higher for public transit, making it the better choice for car-free living. For walkability, Soldotna leads — a better score here means more amenities reachable on foot.
MetricSoldotnaFairbanks
Commute Time
14 min19 min
Transit Score
35.0/100—
Walkability
45.0/100—
Traffic Index
38.00
Car Dependency
HighHigh

Economy & Demographics

Fairbanks is the larger city — approximately 0.1x the population of Soldotna. From a growth perspective, Soldotna is expanding faster, signaling stronger demand for housing, jobs, and services. On the employment side, Fairbanks has a lower unemployment rate, reflecting a tighter and more competitive job market.
MetricSoldotnaFairbanks
Population
4,48531,282
Pop. Growth
1.19%—
Median Age
33.129.0
Unemployment
5.90%4.80%
GDP
——

Pros & Cons

Soldotna
Advantages
Median home values remain relatively accessible at around $306,000 compared to broader U.S. coastal markets.
World-class access to salmon fishing and outdoor recreation directly within city limits along the Kenai River.
Short average commute times of under 15 minutes allow for an unhurried daily routine.
Serves as a robust regional healthcare hub anchored by Central Peninsula Hospital.
High rates of U.S. citizenship and a strong, tight-knit community civic engagement profile.
Drawbacks
Higher overall cost of living driven by freight and remote shipping expenses for everyday goods.
Limited public transportation infrastructure enforces high car dependency.
Severe winter conditions and limited daylight hours require substantial seasonal adjustment.
Rental market volatility during summer months due to seasonal tourism and fishing worker influxes.
Poverty rate sits somewhat higher than national averages at approximately 16.4%.
Fairbanks
Advantages
Average rent in Fairbanks is 20% lower than the national average, making it more affordable for renters.
The housing market is a strong seller's market, with homes selling for 102.11% of the asking price in March 2026.
Job growth is forecasted at 0.8% for 2026, with significant growth in healthcare and transportation sectors.
Fairbanks offers unparalleled access to outdoor activities and a strong sense of community.
The median age of 29 years indicates a relatively young and dynamic population.
Drawbacks
The overall cost of living in Fairbanks is 23% higher than the national average.
Utility prices are significantly higher, approximately 112% above the national average.
Grocery prices are 23% higher than the national average.
The city's population is projected to decline by -0.59% annually.
Government jobs are forecasted to decline, impacting a significant employment sector.

Dive Deeper

Key figures side by side — see which city wins each category at a glance.

Soldotna
#554
Alaska, USA
47.9 / 100 overall
Avg Rent
$1,850
Avg Salary
$62,000
Cost Index
118
Commute
14 min
Transit Score
35.0/100
Walkability
45.0/100
Sunny Days
223/yr
Avg Temp
38.70°F
Pop. Growth
1.19%
Unemployment
5.90%
Livability
75
Business
65
View Full Profile
Fairbanks
#592
Alaska, USA
42.8 / 100 overall
Avg Rent
$1,464
Avg Salary
$56,940
Cost Index
123
Commute
19 min
Transit Score
—
Walkability
—
Sunny Days
/yr
Avg Temp
°F
Pop. Growth
%
Unemployment
4.80%
Livability
72
Business
65
View Full Profile

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