Housing costs in Akron?
A typical home costs
$100,800, which is 70.2% less expensive than the national average of
$338,100 and 48.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$1,050 per month, which is 7.1% more than the national average of
$980 and close to the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44301), Ohio, a minimum annual income of
$19,440 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 44301 Akron, OH is relatively low compared to other cities in the United States. The median home value is around $85,600 and the median monthly rent is around $835 according to Zillow. Additionally, groceries are also relatively cheaper with an overall index of 91.1 according to Best Places. Residents can expect to pay less for food costs than the national average. Public transportation is available through METRO buses as well as a commuter train that connects Akron, Canton and Cleveland. Utilities such as electricity, water and sewage can be expected to cost slightly above the national average but are still affordable for most residents. All in all, Akron offers its residents a low-cost lifestyle that appeals to many people looking for an affordable city to live in without sacrificing too much on quality of life amenities.