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Elberfeld, IN vs Fairbanks, IN

64
Elberfeld
Indiana
VS
-34.7%
98
Fairbanks
Indiana

The cost of living difference between Elberfeld, IN and Fairbanks, IN is dramatic. Elberfeld is 34.7% cheaper than Fairbanks, a gap that translates to thousands of dollars per year in household expenses. Elberfeld has a cost index of 64 while Fairbanks sits at 98, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Elberfeld is $101,964 compared to $87,273 in Fairbanks (+16.8%). Elberfeld offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Elberfeld
64
35% cheaper
Fairbanks
98
Median Household Income
Elberfeld
$101,964
14% higher
Fairbanks
$87,273

Housing

Median Rent
Elberfeld
$625
Fairbanks
Median Home Value
Elberfeld
$161,900
Fairbanks
Population
Elberfeld
958
Fairbanks
324

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elberfeld $2.91
Fairbanks
US $3.07
🥚
Eggs (grade A, large)
Elberfeld $2.37
Fairbanks
US $2.50
🥛
Milk (whole)
Elberfeld $3.82
Fairbanks
US $4.03
🍞
Bread (white)
Elberfeld $1.75
Fairbanks
US $1.85
🍗
Chicken breast
Elberfeld $3.93
Fairbanks
US $4.14
Electricity
Elberfeld $0.16
Fairbanks
US $0.19