The TRUTH About Cost of Living in Fairbanks, Alaska 🤯 (2024 Update)

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  • Опубликовано: 8 сен 2024

Комментарии • 51

  • @DiscoverFairbanks
    @DiscoverFairbanks  7 месяцев назад

    📌Hey everyone, it’s Justin! If you want my FREE RELOCATION GUIDE with information on all things FAIRBANKS, ALASKA, you can download it here: contact.buyorsellrealestatenow.com/fairbanksrelocationguide

  • @RetrieverTrainingAlone
    @RetrieverTrainingAlone 6 месяцев назад +7

    The cost of living seemed to drop when Walmart, Lowes, Home Depot came to town. For us living in the Becker Ridge area, with a wood stove downstairs and a wood stove upstairs, heating is not very expensive, especially since we are at 1,000 feet elevation. Eating moose and salmon, and gardening, our food prices are relatively low. Plus no income tax, no sales tax, the Permanent Fund Dividend check for each family member every year. Electricity is expensive, so solar panels are popular in our neighborhood.

    • @DiscoverFairbanks
      @DiscoverFairbanks  6 месяцев назад +1

      Awesome @RetrieverTrainingAlone! Thanks for sharing your thoughts.🙌💯

  • @warwolf359
    @warwolf359 5 месяцев назад +5

    I live in Nome and I'm new to Alaska,, less than 2 years, and Fairbanks must be cheaper than here. Everything comes in by plane, barge during the summer for some things but not many retail items. Milk almost $9.00 a gallon.

    • @DiscoverFairbanks
      @DiscoverFairbanks  5 месяцев назад +2

      Nome Sweet Nome!! We also went straight out to Nome when we first came to Alaska, way back in 2008! It is definitely cheaper in Fairbanks than Nome, but there's no place like Nome!!

  • @EnclaveSgt
    @EnclaveSgt 3 месяца назад +4

    I bought a house in fairbanks after I left the military. I love living up here but damn is heat expensive. But many other things dont cost more than anywhere else ive been in the US. For example most things at walmart cost about the same in Missouri or Arizona.

    • @DiscoverFairbanks
      @DiscoverFairbanks  3 месяца назад +1

      Hi @LoyalDeathEater thanks for sharing. Let me know if there’s anything local that you think I should cover in future videos. 👍

  • @Saralynn77
    @Saralynn77 6 месяцев назад +2

    Wow heat expenses are ALOT. Thank you for the heads up! I mean it makes sense lol.

  • @michaelsuzio4268
    @michaelsuzio4268 7 месяцев назад +2

    Id like to see Fairbanks during its absolute or really close to the coldest temperatures for a day and then leave a day later

    • @DiscoverFairbanks
      @DiscoverFairbanks  7 месяцев назад

      Hi @michaelsuzio4268! Are you currently in the process of relocating or planning to move here?🤔

  • @terracestevenkennedy9198
    @terracestevenkennedy9198 День назад

    I live in the northward building downtown Fairbanks love it

  • @FallofftheMap
    @FallofftheMap 6 дней назад

    Are there housing options in Fairbanks for folks that have jobs out in the bush that they rotate on and off? Basically a cheap rental for for folks that are only there for a couple weeks at a time and then back to some camp job? I’m looking at a job in a man camp and would be on a 4 week on 2 week off schedule so I’m trying to research options a d costs before making a decision.

  • @entersandman316
    @entersandman316 7 месяцев назад +2

    Really appreciate your videos as I'm currently 21 saving up until I feel I'm at the right amount to start renting in fairbanks as I currently live in Ohio. This information helps and sounds correct as I've been getting information from my mother side that lives in Anchorage but has friends that live in the area.
    Any suggestion as to what amount feels safe before renting as it's just myself and seen the range from dry cabin to the normal apartment as it's in a positive range.

    • @DiscoverFairbanks
      @DiscoverFairbanks  7 месяцев назад +2

      Right on! We did the same thing in 2008! We came up here directly from Ohio too!
      As far as recommendations for what feels safe, it's tough to say. Right now it's -30F outside, so if you're inside and it feels cold that can be a daunting sign. Finding one where at least the heat is included in your rent is also important. If your landlord is putting heat on you, then they aren't as concerned about it is as they should be. When its -30F you want someone that is concerned about whether your heat is on.
      Don't let people knock the dry-cabin life. It isn't what a lot of people make it out to be.

  • @amylee6038
    @amylee6038 Месяц назад

    Our cost of heating our Pleasant Valley Alaska home: $10/cord for the wood harvesting permit. We have three stoves - main cabin, shop, and outdoor hot tub. We pay near zero for heat, and the hot tub system takes just as much wood as the house to keep hot every day. Two chambers, 600 gallon capacity. Free hot tubs under northern lights at 30 below zero.
    40 salmon dipnetting at Chitina - the permit is zero for the family because my husband is a senior. $15 otherwise We use three nets so we can do it in 1-2 hours when the run is in.
    A moose is going to be 600 pounds of meat. Just plant some sugar snap peas and you can whack one right outside your door.
    We pay zero for Fairbanks North Star Borough property tax because of the senior exemption. Bwahahaha!
    Our kids have 100% of their costs at UAF covered because we homeschooled them. They were both admitted at age 13, what would have been 7th grade. You have to be pretty dumb not to qualify for the Alaska Performance Scholarship. But we don't even have to use it because the homeschool allotment is covering everything.
    Technically our first son is in "8th grade" but is finishing his 4th semester at UAF. In the fall he'll be taking Calculus III and his engineering classes - all paid for by the homeschool allotment because he is taking them as a "9th grader"! lol.
    All you have to do is blow the doors off the placement exams and UAF doesn't care how old you are. Our first son scored 100 on the math placement exam. It only takes a 70 to qualify for calculus. Our kids will both graduate from their college programs before their age group graduates high school. This is the most friendly homeschool state in the country!
    Alaska's government school kids earned last place in the USA on their combined national scores the last two years in a row! 50th place -woo hoo! A parent is negligent if they put their children in the clutches of those morons. We were shocked how easy it was to make the "professionals" look so stupid. What are they doing for 7 hours a day?!

    • @DiscoverFairbanks
      @DiscoverFairbanks  Месяц назад +1

      Appreciate you sharing it with us and thanks for taking the time to comment @amylee6038!🙏🙏🙏

  • @davidgrant2772
    @davidgrant2772 6 дней назад

    Are there any towns near Fairbanks that don't have property tax or has low property tax? I know about Tok, Glennallen and Delta Junction. I've been doing my research and hope to move to Alaska soon. I've been looking around Fairbanks, North Pole, Nenana, Anderson etc. I'm in Central Maine and taxes here are ridiculous.

  • @michaelsuzio4268
    @michaelsuzio4268 7 месяцев назад +1

    Google says its negative thirty degrees in Fairbanks today ... Kansas city airport area was negative 2 degrees when i left Kansas city i was wearing a couple of tshirts a hoodie a couple pairs of pants every time i went back outside for a cigarette i kept saying to myself i could go about 25 to 30 degrees less than this and my hand would go numb a bit quicker

    • @DiscoverFairbanks
      @DiscoverFairbanks  7 месяцев назад +1

      Thanks for taking the time to comment @michaelsuzio4268!🙏🙏🙏

  • @JosephTMeiroseIV
    @JosephTMeiroseIV 6 месяцев назад +1

    Solar for a home and a wall power bank - yes!

    • @DiscoverFairbanks
      @DiscoverFairbanks  6 месяцев назад +1

      Awesome @JosephTMeiroseIV! Thanks for sharing your thoughts.🙌💯

  • @richardsweat4967
    @richardsweat4967 7 месяцев назад +3

    More about solar in Fairbanks

    • @DiscoverFairbanks
      @DiscoverFairbanks  7 месяцев назад +2

      Hi @richardsweat4967! I’ll definitely put that on my list! Let me know if there’s anything else you think I should cover. 💯

  • @mauriglisson6954
    @mauriglisson6954 2 месяца назад

    Okay almond milk is the worst thing you could be drinking if you have stomach issues/ digestive issues. I recommend doing a little bit of research on low carb/ keto/ carnivore diets. Many, many people have been able to reverse these types of issues. Not kidding, just take a look. We are thinking about possibly moving to Alaska in the semi near future. My husband could transfer with his work to either Fairbanks or Anchorage. We are thinking Fairbanks might be a better fit for us.

    • @DiscoverFairbanks
      @DiscoverFairbanks  2 месяца назад +1

      Right on! Did you get a copy of our relocation guide?

  • @monicac3603
    @monicac3603 3 месяца назад

    Do you have any more videos on renting before we buy? Maybe legitimate sites to look for rentals. Feel like there are scams all over the web. Appreciate all your videos. 👍

    • @DiscoverFairbanks
      @DiscoverFairbanks  2 месяца назад

      Hi @monicac3603 here's a video about renting before buying I did. Hope this will help ruclips.net/video/vTi-7LF74Cw/видео.htmlsi=x08JcGvgBEzi9-kb

  • @simonchen6401
    @simonchen6401 2 месяца назад

    Great content. Do you have any content for real estate investors? Thanks!

  • @ontheotherhand7627
    @ontheotherhand7627 Месяц назад

    Have you considered getting a truck that can handle hauling fuel, and putting a tank in the back so you can fill your tank at the pump?

    • @DiscoverFairbanks
      @DiscoverFairbanks  Месяц назад +1

      Hi @ontheotherhand7627! I’ll definitely put that on my list! Let me know if there’s anything else you think I should cover. 💯

    • @ontheotherhand7627
      @ontheotherhand7627 Месяц назад

      @@DiscoverFairbanks After I posted that, I started thinking about reasons *not* to have a truck and tank-not just the original outlay, but gas, registration, insurance, maintenance, springs and tires that can handle that kind of a load.
      I was fortunate to have friends volunteer their time and resources to help fill my tanks last week, as they do for others. That might be a way of easing into this-find a friend who does this, ask them to help you fill your tanks, find out what’s involved and see if you want to go down that road and how much you can save. And then, when that friend needs help stacking their firewood, you turn up and pitch in and stay until the job is done.
      I thought you did a good job explaining about the different kinds of framed construction available, although you didn’t touch on log cabins or earth-sheltered homes.
      You know what might be fun? Interview different homeowners showing the different kinds of construction and how they heat their houses and what kinds of expenses they have-the good, the bad, the ugly.

  • @wendylafortune9627
    @wendylafortune9627 7 месяцев назад +1

    Hello, you haven’t talked about the state dividend Money you received from the state for you and your family. I have heard they say that Alaska send $2,600 for each person who lives there(yearly). Is that true? Thanks

    • @DiscoverFairbanks
      @DiscoverFairbanks  7 месяцев назад +1

      Hi @wendylafortune9627! I’ll definitely put that on my list! Let me know if there’s anything else you think I should cover. 💯

    • @wendylafortune9627
      @wendylafortune9627 7 месяцев назад

      @@DiscoverFairbanks Thanks for all the info. Really appreciate it.

    • @jaimedames9076
      @jaimedames9076 5 месяцев назад

      Does that include the children

  • @monicac3603
    @monicac3603 3 месяца назад

    Hi from Arizona 👋 When you talk about heating and filling your tank; that's only if your home uses propane vs electric is that correct? You mean not every home uses propane for heating? Thx

    • @DiscoverFairbanks
      @DiscoverFairbanks  2 месяца назад

      Good question! Most homes in Fairbanks use heating oil to heat their homes. Some homes are hooked up to natural gas, but there aren't many. There are a few homes with only electric heat, but with the cost of electricity, those are few and far between. You can also supplement your heating costs with burning wood, pellets, or propane.

  • @fredjones-e8g
    @fredjones-e8g Месяц назад

    Property taxes in Fairbanks are ridiculous!

  • @samanthahoskins4517
    @samanthahoskins4517 5 месяцев назад

    Why aren’t you buying normal bread? What is this strange bread? Someone please explain the bread

    • @DiscoverFairbanks
      @DiscoverFairbanks  5 месяцев назад

      I'm always happy to answer any questions.💯😄

    • @DiscoverFairbanks
      @DiscoverFairbanks  5 месяцев назад

      Great question! My family doesn't buy normal bread because we have food allergies. Normal bread is absolutely available!

  • @zaddy83
    @zaddy83 3 месяца назад

    Chena ridge lol where all the rich folks live

    • @DiscoverFairbanks
      @DiscoverFairbanks  3 месяца назад

      Hey @zaddy83! Are there any particular neighborhoods or areas you’d like me to cover?

    • @zaddy83
      @zaddy83 3 месяца назад

      @@DiscoverFairbanks the Goldstream area. Quite a few folks coming up here to get their feet wet, so to speak, have quite a bit of interest in dry cabins. That area is rife with them.

  • @framusburns-hagstromiii808
    @framusburns-hagstromiii808 2 месяца назад

    Yup. We live in town with an oil powered boiler...cost about $4k per year but that fluctuates wildly. Has been as high as $6k when fuel oil was nearly $5 per gallon. Our house has 18" thick walls 2 feet of insulation in the attic and holds heat well. The borough has been pushing hard for people to convert to natural gas, lot of collusion with the interested parties. But that wont be any cheaper once it becomes the standard, probably more expensive, in the long run because of the green woke idiots. We have very little sunlight for 9 months out of the year, so solar just doesnt really do the job..more hype than reality..whole lot of confirmation bias there.

    • @DiscoverFairbanks
      @DiscoverFairbanks  2 месяца назад

      I hear you @framusburns-hagstromiii808! Solar power is also tough with our limited sunlight for most of the year. It's a tricky situation balancing cost and energy efficiency here.