Gas Prices in Fairbanks, AK Today

Updated April 5, 2026 — Prices updated regularly from EIA data

$3.61

Average Regular Unleaded — Fairbanks, Alaska

Current Gas Prices in Fairbanks

The average cost to fill up in Fairbanks, Alaska is $$3.61 per gallon for regular gas right now. Compared to the national average, Fairbanks drivers are paying $0.38 below the national average, reflecting local market dynamics.

Fuel TypePrice / GallonGradeTrend
Regular Unleaded$3.6187 octane▲ Rising
Mid-Grade$4.1789 octane▲ Rising
Premium$4.5191-93 octane▲ Rising
Diesel$4.89N/A▲ Rising

Price Comparison

Fairbanks Average
$3.61
Regular Unleaded
Alaska State Average
$3.65
$0.04 below the Alaska average
National Average
$3.99
$0.38 below the national average

About Gas Prices in Fairbanks

The Fairbanks fuel market reflects Alaska's broader pricing environment while adding local demand characteristics. With a growing population and rising commuter traffic, demand pressure in Fairbanks is steady. Warehouse club stations and discount brands regularly beat street prices by 10-20 cents per gallon.

Gas Prices by Brand in This City

Estimated prices based on brand modifiers. Sorted cheapest to most expensive.

CHEAPEST
Costco
$3.46
Speedway
$3.58
Circle K
$3.59
Sunoco
$3.62
Marathon
$3.63
BP
$3.65
Mobil
$3.66
Exxon
$3.67
Shell
$3.69
Chevron
$3.71

Fuel Type Prices in This City

Regular Unleaded
87 octane
Premium Gasoline
91-93 octane
Diesel Fuel
N/A
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Frequently Asked Questions

Fairbanks and surrounding cities typically track similar fuel prices given shared supply infrastructure. Differences of 5-15 cents between nearby cities are common depending on local tax differences and competition levels.
A 10-cent savings on 15 gallons equals $1.50. If the cheaper station is 5 miles away and your car gets 25 MPG, the detour costs about 0.4 gallons. Savings above 15 cents per gallon are consistently worth moderate detours.
Most states have price gouging statutes that activate during declared emergencies. Outside of emergency declarations, gas stations set prices based on market conditions. Normal price variation between stations is competition, not gouging.
GasBuddy is the most comprehensive option for Fairbanks with millions of user-reported prices updated in real time. Waze integrates gas prices into navigation. GetUpside/Upside offers cashback on purchases at qualifying stations.
Each gallon of gas in Fairbanks, Alaska includes 18.4 cents in federal excise tax plus {tax} cents in Alaska state fuel tax — a combined {totalTax} cents per gallon. On a 15-gallon fill-up, you pay ${taxTotal} in fuel taxes alone.

Related Gas Price Pages

Gas Prices in AlaskaCheapest Gas in FairbanksGas Prices Near FairbanksCompare All StatesRegular Unleaded in FairbanksPremium Gasoline in FairbanksDiesel Fuel in FairbanksShell - FairbanksExxon - FairbanksBP - FairbanksChevron - FairbanksMobil - Fairbanks