Zip 44314 (Akron, OH) Cost of Living


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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 44314), 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 44314 (Akron, OH)

Housing costs in Akron?
A typical home costs $85,900, which is 74.6% less expensive than the national average of $338,100 and 56.4% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Akron costs $910 per month, which is 7.1% cheaper than the national average of $980 and 13.2% cheaper than the state average of $1,030.

Can I afford Akron?
To live comfortably in Akron (zip 44314), Ohio, a minimum annual income of $16,560 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Akron?
The cost of living in 44314 Akron, OH is relatively low compared to the national average. The median home price in this area is around $96,400, and the monthly rent for a two-bedroom apartment averages about $800. Groceries, utilities, and transportation are all below the national average, making it an affordable place to live. Sales taxes are slightly higher than other areas of Ohio at 8%, but overall 44314 Akron remains an attractive option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesAkronOhioUnited States
  80.882.7100.0
  91.696.1100
  87.288.7100.0
  23.361.6100.0
  $85,900$197,000$338,100
  91.8%100.0%100.0%
  80.583.9100.0
  109.089.3100.0

   100=National Average

   Average Rent by Bedroom Size
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