CostByCity

Cost of Living in Akron, OH

2024 data from the Bureau of Economic Analysis

Cost Index
93.4
6.6% below avg
Housing Index
76.8
Median Income
$68,647
Median Rent
$962/mo

Cost Breakdown

Overall93.4 (-6.6%)
Housing76.8 (-23.2%)
Goods93.6 (-6.4%)
Utilities96.4 (-3.6%)
Other Services98.9 (-1.1%)

National average = 100

Income & Housing

Median Household Income
$68,647/year
Median Home Value
$185,800
Median Monthly Rent
$962/mo
Per Capita Income
$40,092/year

Compare Akron, OH With

Akron, OH vs Traverse City, MIAkron, OH vs Athens, GAAkron, OH vs Morgantown, WVAkron, OH vs Lafayette, INAkron, OH vs Homosassa Springs, FLAkron, OH vs Greenville, SCAkron, OH vs Monroe, MIAkron, OH vs Billings, MTAkron, OH vs Lebanon, PAAkron, OH vs Bloomington, IL

Frequently Asked Questions

Is Akron, OH expensive to live in?
Akron, OH has a cost of living index of 93.4, which is 6.6% below the national average.
How much does housing cost in Akron, OH?
Housing costs in Akron, OH are indexed at 76.8 compared to the national average of 100. The median monthly rent is $962.
What is the average income in Akron, OH?
The median household income in Akron, OH is $68,647 per year.
What is the average home price in Akron, OH?
The median home value in Akron, OH is $185,800.