Akron, Ohio gets a BestPlaces Cost of Living index of 80.8, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 19.2 percent lower than the U.S. average and 2.3 percent higher than the average for Ohio.
A typical home costs $106,100, which is 68.6 percent less expensive than the national average of $338,100 and 46.1 percent 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 percent more than the national average of $1,430 and 2.1 percent cheaper than the state average of $980.
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.
Our cost of living indices are based on a US average of 100. An amount below 100 means Akron is cheaper than the US average. A cost of living index above 100 means Akron, Ohio is more expensive.
Akron cost of living is 80.8