Zip 51001 (Akron, IA) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Akron, Iowa?
$2,790 / month
for a family, 48.3% less expensive than the national average A total of $33,480 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Akron cost of living score
79.3
Less expensive
20.7% lower
than the US average
1.0% lower
than the Iowa average
Akron (zip 51001), Iowa gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 1.0% higher than the average for Iowa.

Zip 51001 (Akron, IA)

Housing costs in Akron?
A typical home costs $173,800, which is 48.6% less expensive than the national average of $338,100 and 10.8% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Akron costs $710 per month, which is 23.7% cheaper than the national average of $930 and 31.0% cheaper than the state average of $930.

Can I afford Akron?
To live comfortably in Akron (zip 51001), Iowa, a minimum annual income of $33,480 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Akron?
The cost of living in 51001 Akron, IA is relatively low compared to other areas in the country. The median home value is around $100,000 and the median household income is just over $50,000. The average price of a gallon of gas is about $2.50 and groceries are very affordable as well. There are lots of local restaurants offering reasonably priced meals as well as plenty of outdoor activities to enjoy such as fishing, hiking, biking and camping. With its low cost of living and close proximity to larger cities like Sioux City and Omaha, 51001 Akron, IA is an ideal location for those looking for an affordable place to live that still offers plenty of amenities close by.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAkronIowaUnited States
    Unlock80.1100.0
  93.8  Unlock100.0
    Unlock108.2100.0
  42.5  Unlock100.0
    Unlock$194,900$338,100
  91.3  Unlock100.0
    Unlock71.4100.0
  100.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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