Can A Welder Afford Rent in Fairbanks, AK?

Stretched but workable — rent takes 35.8% of gross income.

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

Fairbanks median rent
$1,720/mo
Welder salary (Alaska)
$57,579/yr
Rent as % of income
35.8%
Gross monthly income works out to about $4,798, and the 30% rule supports up to $1,439/mo in rent. Fairbanks's median rent of $1,720 exceeds that threshold by $281/mo, putting a welder salary into the rent-burdened range here. A welder works roughly 62.1 hours a month to cover that rent.

About rent and a welder salary

Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.

Cheaper rent nearby

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

Wasilla, AK
$1,718/mo (35.8% of income)
Anchorage, AK
$1,716/mo (35.8% of income)
Wasilla, AK
$1,715/mo (35.7% of income)

Compare with full rent data for Fairbanks

View full rent data for Fairbanks, AK

Frequently asked questions

Can a welder afford rent in Fairbanks, AK?

Median rent in Fairbanks is $1,720 a month. A typical welder in Alaska earns about $57,579 a year, which makes that rent 35.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a welder afford in Fairbanks?

Using the 30% rule, a welder salary in Alaska (~$57,579/yr) supports up to $1,439 a month in rent. Fairbanks's current median rent is $1,720/mo, which is $281/mo over the affordability threshold.

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

At an hourly equivalent of about $28 an hour, a welder in Alaska works roughly 62.1 hours a month to cover Fairbanks's median rent of $1,720.

Where is rent cheaper than Fairbanks for a welder?

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 welder 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.