Can An Electrician Afford Rent in Fairbanks, AK?
Comfortably affordable — rent takes 26.4% of gross income.
Fairbanks rent: June 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These Alaska cities have lower median rent than Fairbanks, which improves the affordability math on an electrician salary:
Compare with full rent data for Fairbanks
View full rent data for Fairbanks, AK →Frequently asked questions
Can an electrician afford rent in Fairbanks, AK?
Median rent in Fairbanks is $1,720 a month. A typical electrician in Alaska earns about $78,288 a year, which makes that rent 26.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an electrician afford in Fairbanks?
Using the 30% rule, an electrician salary in Alaska (~$78,288/yr) supports up to $1,957 a month in rent. Fairbanks's current median rent is $1,720/mo, which leaves a $237/mo buffer.
How many hours does an electrician work to cover rent in Fairbanks?
At an hourly equivalent of about $38 an hour, an electrician in Alaska works roughly 45.7 hours a month to cover Fairbanks's median rent of $1,720.
Where is rent cheaper than Fairbanks for an electrician?
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 an electrician salary.