Housing costs in Akron?
A typical home costs
$208,700, which is 38.3% less expensive than the national average of
$338,100 and 5.9% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$930 per month, which is 5.1% cheaper than the national average of
$980 and 10.8% cheaper than the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44303), Ohio, a minimum annual income of
$39,960 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in Akron, OH (zip code 44303) is generally considered to be below the national average. The city has a lower than average housing cost compared to some other parts of the country, with a median home value of $104,400 and an average rent of around $800 per month. Food costs are also relatively low, with basic groceries costing about 10% less than the national average. Additionally, public transportation fares are quite affordable at only $2 for a single ride or $4 for an all-day pass. In sum, Akron offers a comfortable lifestyle at an affordable price that suits many budgets.