Akron, OH Cost Of Living

The latest cost of living statistics for Akron. Includes statistics on rent, mortgages, healthcare, and other costs for Akron compared to the state and national averages.

Cost of living in Akron, Ohio

Cost of living in Akron research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Akron is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

84 Cost of living index 0.8x lower vs US
#36 Cheapest in Ohio (of 284)
#251 Cheapest in the U.S. (of 6,489)
$137,894 Median home value
$955 Median rent
$48,076 Median income
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What is the cost of living in Akron, OH?

According to the most recent data on the cost of living, Akron has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to Ohio, Akron has a cost of living index that's 0.9x lower than Ohio's index of 90.

The standard of living in Akron ranks as #36 most affordable out of the 284 places we measured in Ohio. By definition, that implies Akron ranks as the #248 most expensive place in the Buckeye State.

For more reading on life in Akron, check out:

Akron Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in Akron. Here is how it fares on each of the criteria:

  • The Services index in Akron is 99.

  • The Groceries index in Akron is 98.

  • The Health index in Akron is 58.

  • The Housing index in Akron is 92.

  • The Transportation index in Akron is 97.

  • The Utilities index in Akron is 87.

Living Expense Akron Ohio National Average
Overall 84 90 100
Services 99 97 100
Groceries 98 97 100
Health 58 75 100
Housing 92 97 100
Transportation 97 95 100
Utilities 87 97 100

Akron Cost Of Living Compared To Ohio Averages

Services
Akron 99
Ohio avg 97
Groceries
Akron 98
Ohio avg 97
Health
Akron 58
Ohio avg 75
Housing
Akron 92
Ohio avg 97
Transportation
Akron 97
Ohio avg 95
Utilities
Akron 87
Ohio avg 97

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Ohio, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Akron, OH Housing Cost Breakdown

$137,894Median Home Value
$955Median Rent
$48,076Median Income

Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Akron is $137,894.

  • The Median Rent in Akron is $955.

  • The Median Income in Akron is $48,076.

  • The Home Value To Income in Akron is 2.9x.

  • The Rent To Monthly Income in Akron is 0.24x.

Statistic Akron Ohio United States
Median Home Value $137,894 $242,141 $332,700
Median Rent $955 $1,034 $1,413
Median Income $48,076 $71,389 $80,734
Home Value To Income 2.9x 3.4x 4.1x
Rent To Monthly Income 0.24x 0.17x 0.21x

Akron, OH Costs By Category

Detailed Akron Services costs vs. Ohio
Item Akron Ohio
Shampoo $1.45 $1.28
Movie $11.6 $12.13
Bowling $18.27 $18
Haircut $23.67 $24.26
Beauty Salon $35.31 $45.56
Detailed Akron Groceries costs vs. Ohio
Item Akron Ohio
Ground Beef $5.46 $5.84
Fried Chicken $1.39 $1.57
Milk $4.57 $4.67
Potatoes $5.38 $4.93
Pizza $9.98 $12.09
Beer $10.51 $10.41
Toothpaste $3.68 $3.7
Detailed Akron Health costs vs. Ohio
Item Akron Ohio
Optometrist $103.58 $125.68
Doctor $119.67 $135.78
Dentist $109.73 $113.29
Detailed Akron Transportation costs vs. Ohio
Item Akron Ohio
Gasoline $3.41 $3.46
Tire Balancing $57.76 $59.92
Detailed Akron Utilities costs vs. Ohio
Item Akron Ohio
All Electricity $205.88 $193.99
Phone $186.78 $192.25

Akron SnackAbility

3Overall SnackAbility
Jobs 4/10
Housing 5/10
Affordability 8/10
Diversity 9/10
Safety 3/10
Amenities 9.5/10
Education 6/10
Commute 8/10

Cost Of Living In Cities Around Akron

The cost of living varies in the cities and towns around Akron. Here's a quick look at the cost of living in the most populous nearby places:

  • Cuyahoga Falls, OH has a cost of living index of 93, 1.1x Akron.

  • Stow, OH has a cost of living index of 98, 1.2x Akron.

  • North Royalton, OH has a cost of living index of 102, 1.2x Akron.

City Population Cost Of Living Vs. Akron
Cuyahoga Falls, OH 50,909 93 1.1x
Stow, OH 34,240 98 1.2x
North Royalton, OH 30,972 102 1.2x
Barberton, OH 24,844 82 1.0x
Hudson, OH 23,039 130 1.5x
Broadview Heights, OH 19,771 101 1.2x
Twinsburg, OH 19,410 104 1.2x
Tallmadge, OH 18,335 97 1.2x
Aurora, OH 17,581 115 1.4x
Brecksville, OH 13,692 116 1.4x