Housing costs in Akron?
A typical home costs
$105,700, which is 68.7% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Akron costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,100.
Can I afford Akron?
To live comfortably in Akron, Michigan, a minimum annual income of
$20,160 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Akron?
Akron, MI is a great place to live with an affordable cost of living. The median home price is around $106,000, which is much lower than the national average, and rents are generally reasonable as well. Groceries, transportation costs, and other necessities are all relatively inexpensive in comparison to some larger cities. There are plenty of local amenities to take advantage of such as shopping centers, parks and recreational activities. All of these factors make Akron a great place to live at an affordable cost.