Can A Truck Driver Afford Rent in Fairbanks, AK?
Stretched but workable — rent takes 32.5% of gross income.
Fairbanks rent: June 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).
About rent and a truck driver salary
Truck driver pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Because many drivers can base anywhere along their route, the home-city rent decision has an outsized effect on take-home. At the national-average driver salary, the 30% rule supports about $1,418 a month in rent. The per-city pages show which markets keep rent within that range and which push it out of reach.
Cheaper rent nearby
These Alaska cities have lower median rent than Fairbanks, which improves the affordability math on a truck driver salary:
Compare with full rent data for Fairbanks
View full rent data for Fairbanks, AK →Frequently asked questions
Can a truck driver afford rent in Fairbanks, AK?
Median rent in Fairbanks is $1,720 a month. A typical truck driver in Alaska earns about $63,515 a year, which makes that rent 32.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a truck driver afford in Fairbanks?
Using the 30% rule, a truck driver salary in Alaska (~$63,515/yr) supports up to $1,588 a month in rent. Fairbanks's current median rent is $1,720/mo, which is $132/mo over the affordability threshold.
How many hours does a truck driver work to cover rent in Fairbanks?
At an hourly equivalent of about $31 an hour, a truck driver in Alaska works roughly 56.3 hours a month to cover Fairbanks's median rent of $1,720.
Where is rent cheaper than Fairbanks for a truck driver?
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 truck driver salary.