Housing costs in Akron?
A typical home costs
$106,100, which is 68.6% less expensive than the national average of
$338,100 and 46.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 2.1% cheaper than the state average of
$980.
Can I afford Akron?
To live comfortably in Akron, Ohio, a minimum annual income of
$20,160 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Akron?
Akron, OH has a low cost of living index - about 10% below the US average - and is an attractive option for those who want to settle down in an Ohio city on a budget. The city offers its residents outdoor activities such as hiking and biking as well as access to various markets that sell fresh produce at lower prices than other parts of the state.