Housing costs in Akron?
A typical home costs
$102,800, which is 69.6% less expensive than the national average of
$338,100 and 47.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Akron costs
$930 per month, which is 5.1% cheaper than the national average of
$980 and 10.8% cheaper than the state average of
$1,030.
Can I afford Akron?
To live comfortably in Akron (zip 44310), Ohio, a minimum annual income of
$19,800 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Akron?
The cost of living in 44310 Akron, OH is relatively low compared to other locations in the country. The overall cost of living index is about 83.8 and is lower than the U.S. average at 100. Housing costs make up a large part of living expenses, with the median home value being about $102,000 and the median rent for a one-bedroom apartment coming out to around $650 per month, both well below the national averages. Utilities are also reasonably priced, where monthly bills can range from $50-75 depending on usage and providers. Additionally, groceries, gas prices, and health care costs are all well below their respective national averages.