Cost of Living / Akron, OH Metro
Cost of Living in Akron, OH Metro
Official metro name: Akron, OH Metro Area
Akron, OH Metro has a population of 700,578. Median household income is $68,647 and median rent is $962 per month. Rent is roughly 16.8% of median monthly income.
State: OHPopulation: 700,578Income: $68,647Rent: $962Affordability: Affordable (16.8%)
Median Household Income
$68,647
Annual (ACS median)
Median Rent
$962
Monthly (ACS median gross rent)
Rent as % of Income
16.8%
rent ÷ (income/12)
Cost Index
92
Simplified relative index
Is Akron, OH Metro expensive?
Based on median rent and income, Akron, OH Metro has a Affordable rent burden. Median rent is $962, which is about 16.8% of median monthly household income.
Average rent in Akron, OH Metro
Median rent (ACS) is $962 per month. (Neighborhoods vary widely.)
How much income do you need in Akron, OH Metro?
Median household income (ACS) is $68,647 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in OH
Compare Akron, OH Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.