Gas Prices in Fairbanks, AK
Updated May 21, 2026 · AAA data · Regular unleaded
Gas Prices in Fairbanks
Gas prices in Fairbanks reflect a mix of local taxes, distance to fuel distribution terminals, station density, and real estate costs. As an urban market, Fairbanks typically runs 15¢ above the Alaska statewide average.
Prices at individual stations can vary by 5–15 cents within the same city depending on brand, location, and local competition. Use apps like GasBuddy to find the cheapest station near you in Fairbanks.
Frequently Asked Questions
What is the gas price in Fairbanks right now?
The average regular unleaded price in Fairbanks, Alaska is $5.420/gal as of May 21, 2026. Station prices vary — expect a range of roughly $5.320 to $5.540 across the metro area.
Is gas cheaper in Fairbanks or the suburbs?
Generally, suburban areas outside Fairbanks have slightly lower gas prices due to lower operating costs and property taxes. If you're near a highway interchange or warehouse district, you may find lower prices than the city center.
When is the cheapest day to buy gas in Fairbanks?
Nationwide data shows Monday and Tuesday tend to have slightly lower gas prices before weekly demand picks up. Avoid buying gas Thursday through Saturday when prices are typically higher.