Housing costs in Akron?
A typical home costs
$226,700, which is 32.9% less expensive than the national average of
$338,100 and 57.0% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Akron costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 66.7% cheaper than the state average of
$1,650.
Can I afford Akron?
To live comfortably in Akron (zip 80720), Colorado, a minimum annual income of
$43,560 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 80720 Akron, CO is quite reasonable. The average median home price in the city is about $174,000 which is considerably lower than the national median home value. The cost of groceries and essential items are also lower than the national average. The overall cost of living index in Akron is estimated to be around 95, which is 5 points lower than the US average. Overall, this makes it a great place to live as residents are able to enjoy a low-cost lifestyle while still having access to all the necessary services and amenities that they require.