Zip 44305 (Akron, OH) Cost of Living


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How much do I need to live in Akron, Ohio?
$1,530 / month
for a family, 71.7% less expensive than the national average A total of $18,360 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Akron cost of living score
80.8
Less expensive
19.2% lower
than the US average
2.3% lower
than the Ohio average
Akron (zip 44305), Ohio gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 2.3% higher than the average for Ohio.

Zip 44305 (Akron, OH)

Housing costs in Akron?
A typical home costs $95,200, which is 71.8% less expensive than the national average of $338,100 and 51.7% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Akron costs $1,000 per month, which is 2.0% more than the national average of $980 and 3.0% cheaper than the state average of $1,030.

Can I afford Akron?
To live comfortably in Akron (zip 44305), Ohio, a minimum annual income of $18,360 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Akron?
The cost of living in 44305 Akron, OH is relatively affordable. The median home price in the area is around $120,000, with rent for a two-bedroom apartment averaging between $700 and $800 per month. Other costs such as groceries, transportation and utilities are also very reasonable compared to other parts of the country. Overall, 44305 Akron offers an excellent quality of life at an attractive price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAkronOhioUnited States
    Unlock82.7100.0
  92.8  Unlock100.0
    Unlock88.7100.0
  26.8  Unlock100.0
    Unlock$197,000$338,100
  93.0  Unlock100.0
    Unlock83.9100.0
  109.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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