Can A Chef Afford Rent in Fairbanks, AK?

Comfortably affordable — rent takes 28.7% of gross income.

Fairbanks rent: June 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).

Fairbanks median rent
$1,720/mo
Chef salary (Alaska)
$71,848/yr
Rent as % of income
28.7%
Gross monthly income works out to about $5,987, and the 30% rule supports up to $1,796/mo in rent. Fairbanks's median rent of $1,720 leaves roughly $76/mo of headroom under that threshold. A chef works roughly 49.8 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These Alaska cities have lower median rent than Fairbanks, which improves the affordability math on a chef salary:

Wasilla, AK
$1,718/mo (28.7% of income)
Anchorage, AK
$1,716/mo (28.7% of income)
Wasilla, AK
$1,715/mo (28.6% of income)

Compare with full rent data for Fairbanks

View full rent data for Fairbanks, AK

Frequently asked questions

Can a chef afford rent in Fairbanks, AK?

Median rent in Fairbanks is $1,720 a month. A typical chef in Alaska earns about $71,848 a year, which makes that rent 28.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a chef afford in Fairbanks?

Using the 30% rule, a chef salary in Alaska (~$71,848/yr) supports up to $1,796 a month in rent. Fairbanks's current median rent is $1,720/mo, which leaves a $76/mo buffer.

How many hours does a chef work to cover rent in Fairbanks?

At an hourly equivalent of about $35 an hour, a chef in Alaska works roughly 49.8 hours a month to cover Fairbanks's median rent of $1,720.

Where is rent cheaper than Fairbanks for a chef?

Nearby Alaska cities with lower median rent include Wasilla ($1,718/mo), Anchorage ($1,716/mo), Wasilla ($1,715/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived Alaska state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Fairbanks, AK. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.