Housing costs in Akron?
A typical home costs
$110,700, which is 67.3% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$820 per month, which is 16.3% cheaper than the national average of
$980 and 25.6% cheaper than the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44302), Ohio, a minimum annual income of
$21,240 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 44302 Akron, OH is fairly affordable. The overall cost of living index for this city is 92.5, which is lower than the national average. The median household income for 44302 Akron, OH is just over $34,000 per year and the median home value is slightly more than $90,000. Rent prices are reasonable and groceries are reasonably priced as well. Utilities can be a bit high compared to other nearby areas but overall the cost of living in 44302 Akron, OH remains manageable and affordable for most people.