Cost of living · Akron, Ohio · 2026
Annual salary needed
$82,661
$6,888 / month take-home · 50/30/20 formula
vs national average
▼ 11%
$92,988 national avg
Median local salary
$48,840
$33,821 gap
| Category | Monthly | % of needs | Data source |
|---|---|---|---|
| Needs — 50% of income | |||
| Housing | $1,131 | 33% | HUD Fair Market Rents |
| Food | $449 | 13% | BLS CPI (regional) |
| Transportation | $992 | 29% | BLS Consumer Expenditure |
| Healthcare | $487 | 14% | BLS Consumer Expenditure |
| Utilities | $234 | 7% | BLS CPI (regional) |
| Other necessities | $151 | 4% | BLS Consumer Expenditure |
| Total needs | $3,444 | 100% | |
| Wants — 30% of income | |||
| Discretionary spending | $2,067 | — | Derived (needs × 0.6) |
| Savings — 20% of income | |||
| Savings & investments | $1,378 | — | Derived (needs × 0.4) |
| Monthly total | $6,888 | = $82,661 per year | |
What Salary Do You Need to Live Comfortably in Akron?
To live comfortably in Akron, you'll need to earn $82,661 a year, which works out to $6,888 in monthly take-home pay. "Comfortably" here means the 50/30/20 framework: your needs are covered, you're putting something into savings, and you have room for discretionary spending without anxiety. It's not a luxury budget, but it's not white-knuckling it either.
That figure sits $10,327 below the national benchmark of $92,988, which tells you Akron genuinely costs less than the American average to live in at this standard. Ohio does levy a state income tax, so you won't find the gross-to-net conversion advantage that residents of Texas or Florida enjoy, but the lower cost floor more than compensates for most earners relocating from higher-cost metros. The real tension isn't Ohio's tax structure. It's the gap between what comfort costs and what Akron's job market typically pays, and that gap is wide enough to shape your entire decision.
Cost of Living Breakdown
Housing anchors the budget at $1,131 a month, which is low by any national standard and reflects Akron's post-industrial housing stock. The city has a large inventory of older single-family homes and multi-unit rentals that never repriced to Sun Belt levels, so renters and buyers alike find more square footage per dollar than in Columbus or Cleveland's inner ring.
Transport at $992 is the figure that catches people off guard. METRO RTA, Akron's regional transit authority, runs bus service across Summit County, but route frequency and geographic coverage are limited enough that most households treat car ownership as non-negotiable. That $992 absorbs a car payment or depreciation, insurance, fuel, and maintenance, and it's an honest reflection of what driving a Northeast Ohio winter puts on a vehicle.
Utilities run $234 a month, but that's a smoothed annual average. Akron sits in Ohio's Snowbelt, close enough to Lake Erie to catch lake-effect snow events that push heating demand hard from November through March. Ohio Edison, the FirstEnergy subsidiary serving the area, handles electric load, while Dominion Energy Ohio supplies natural gas. Budget higher in winter and lower in summer; the annual average understates the January bill.
Food comes in at $449 a month. Giant Eagle, the dominant regional grocery chain across Northeast Ohio, prices competitively against national chains, and Akron's density of discount grocers keeps the floor low for budget-conscious shoppers. Healthcare at $487 and other necessities at $151 both track close to regional norms, with no obvious local driver pushing them above or below the Midwest average.
Neighborhoods and Areas
Akron's cost geography runs roughly west to east, with a few pockets that break the pattern. West Akron, particularly the Wallhaven corridor and the streets feeding into Fairlawn, carries the city's higher rents and home prices. You're paying for walkable commercial strips, better-maintained housing stock, and proximity to the University of Akron's western edge. Expect to spend noticeably more than the $1,131 housing figure if you're targeting that corridor.
North Hill and Kenmore sit on the other end of the spectrum. Both neighborhoods offer significantly lower rents and purchase prices, and both have seen incremental reinvestment, but neither has repriced to match West Akron. The trade-off is real: you'll spend less on housing and more on transport, because neither neighborhood puts you within easy reach of the city's major employment corridors without a car and a longer commute. Highland Square, wedged between the two extremes, offers a middle path with a walkable main street and rents that still undercut West Akron, though that gap has been narrowing as the neighborhood's profile has risen.
Is Akron Right for You?
The number that defines whether Akron works for you is $33,821. That's the distance between what comfort costs here ($82,661) and what the local job market's median salary delivers ($48,840). It's not a small gap. If you're earning at or near the local median, you're covering needs but not reaching the savings and discretionary cushion that the comfort threshold assumes.
That gap matters differently depending on how you're arriving. Remote workers earning salaries benchmarked to Columbus, Cleveland, or beyond are the clearest winners: they capture Akron's lower housing costs without being subject to its wage floor. Healthcare, manufacturing, and polymer-industry professionals (Akron's legacy as the Rubber City still concentrates specialized engineering and materials-science roles) can find salaries that close or exceed the gap. Recent graduates and early-career workers in local-market jobs will feel the squeeze most acutely, particularly given the transport budget that car dependency forces on nearly everyone.
One factor the cost data doesn't capture is family infrastructure. Akron's public school landscape is uneven by neighborhood, which pushes some families toward suburban districts in Summit County, adding commute distance and potentially housing cost. If that's your situation, the $1,131 housing figure may not be the one you actually pay.
Frequently asked questions
What salary do you need to live comfortably in Akron, OH?
Based on the 50/30/20 budget rule, you need approximately $82,661 per year ($6,888 per month) to live comfortably in Akron. This covers all necessities, discretionary spending, and savings. That's about 11% below the national average of $92,988.
How much does housing cost in Akron?
A 2-bedroom apartment in Akron costs approximately $1,131 per month based on HUD Fair Market Rent data. At about 33% of the monthly needs budget, housing is the largest cost category here.
Is Akron more expensive than the national average?
No — Akron runs about 11% below the national average. The national figure is $92,988, compared to $82,661 here.