Akron

Akron, Ohio is a growing city with a population of approximately 188,701. The overall cost of living index sits at 84, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 16% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Akron. Median rent is $1,134 per month, while the median home price is $134,376. At a median household income of $48,544, rent consumes roughly 28% of gross income, which remains manageable relative to local incomes. The housing sub-index of 61 reflects well below-average housing expenses.

Beyond housing, healthcare is the most elevated non-shelter expense in Akron with a sub-index of 87, while utilities is comparatively more affordable at 78. State-level taxes also shape the true cost of living: Ohio applies a 3.50% income tax rate, and property tax averages 1.36% of assessed home value. The combined sales tax rate is 7.24%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Akron has remained relatively stable. Among the 6 tracked cities in Ohio, Akron ranks #2 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Akron actually costs.