Housing costs in Akron?
A typical home costs
$127,300, which is 62.3% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Akron costs
$810 per month, which is 13.8% cheaper than the national average of
$940 and 22.2% cheaper than the state average of
$990.
Can I afford Akron?
To live comfortably in Akron (zip 35441), Alabama, a minimum annual income of
$24,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in Akron, AL 35441 is relatively low compared to other parts of the country. The median home cost in the area is $84,800, which is significantly lower than the national median home cost of $215,600. Additionally, utility costs are approximately 40% lower than the US average and transportation costs are about 28% lower. This makes Akron an attractive place for people looking to live on a budget. In addition to affordable housing and utilities, food costs are also quite reasonable with groceries running for around 8-10% less then the national average. All in all, Akron is a great place to find a more affordable cost of living with plenty of amenities nearby.