Housing costs in Akron?
A typical home costs
$417,700, which is 23.5% more expensive than the national average of
$338,100 and 112.0% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$1,170 per month, which is 19.4% more than the national average of
$980 and 12.0% more than the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44308), Ohio, a minimum annual income of
$79,920 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 44308 Akron, OH is quite reasonable compared to other areas. The median household income is around $40,937, while the median home value is just over $80,000. Renters will find that costs are generally low for one-bedroom apartments at an average of $600-$650 per month. When considering food costs, groceries and dining out are both very affordable options, with an average grocery bill running about $50 per week. The cost of public transportation is also quite low with bus fares costing only a few dollars per ride. All in all, Akron provides its residents with a great standard of living at an affordable cost.