Cost of living · Akron, Ohio · 2026

Salary Needed to Live Comfortably in Akron, OH

Annual salary needed

$85,820

$7,152 / month take-home  ·  50/30/20 formula

vs national average

11%

$95,975 national avg

Median local salary

$48,840

$36,980 gap

Monthly take-home

$7,152

After 50/30/20 split

Data: BLS, HUD Fair Market Rents, US Census Bureau  ·  50/30/20 methodology  ·  Updated June 2026

Monthly budget breakdownAkron, OH · June 2026
CategoryMonthly% of needsData source
Needs — 50% of income
Housing$1,26835%HUD Fair Market Rents
Food$44913%BLS CPI (regional)
Transportation$98728%BLS Consumer Expenditure
Healthcare$48714%BLS Consumer Expenditure
Utilities$2347%BLS CPI (regional)
Other necessities$1514%BLS Consumer Expenditure
Total needs$3,576100%
Wants — 30% of income
Discretionary spending$2,146Derived (needs × 0.6)
Savings — 20% of income
Savings & investments$1,430Derived (needs × 0.4)
Monthly total$7,152= $85,820 per year

What Salary Do You Need to Live Comfortably in Akron?

To live comfortably in Akron, you'll need to bring in $85,820 a year. That works out to roughly $7,152 a month in take-home pay after taxes. Comfortable here doesn't mean luxurious. It means the 50/30/20 framework: your needs are covered without stress, you're putting something into savings each month, and you still have room for a dinner out or a weekend trip without watching your bank account anxiously.

That number is actually more achievable than in most of the country. The national average salary needed for this standard of living sits at $95,975, so Akron gives you a meaningful discount of about $10,000 a year compared to the typical American city. That gap is real money, and it compounds over time if you're saving the difference rather than spending up to it.

The harder truth is that Akron's median local salary is $48,840, which is nearly $37,000 below the comfortable-living threshold.

Cost of Living Breakdown

Housing is the biggest line item, as it is almost everywhere, but Akron keeps it relatively manageable. Renters and buyers in this market typically pay around $1,268 a month for housing, which reflects a city where demand has stayed moderate and new construction pressure hasn't driven prices into the stratosphere the way it has in Columbus or Cleveland's inner suburbs. You can actually find decent two-bedroom apartments in neighborhoods like North Hill or Wallhaven for close to that figure without stretching.

Transportation runs $987 a month, which deserves attention because it's the second-largest expense in the budget. Akron is a car-dependent city. The Metro RTA bus system exists, but most residents drive, and that means you're absorbing car payments, insurance, gas, and maintenance. If you're commuting to Cleveland on I-77 or keeping two vehicles in a household, that number adds up faster than people expect when they're first looking at Akron's low housing costs.

Food lands at $449 a month, a figure that reflects the genuine affordability of grocery shopping in northeast Ohio. Aldi and Marc's, a regional discount grocer with multiple Akron locations, keep weekly grocery bills well below what you'd spend in a coastal city. Healthcare costs run $487 a month, consistent with regional averages for employer-sponsored and marketplace plan costs in Ohio, a state with a reasonably competitive insurance market. Utilities come in at $234 a month, which reflects both the age of Akron's housing stock (older homes can run up heating bills) and FirstEnergy rates that are mid-range for the Midwest. Other necessities add another $151 a month to round out the picture.

Neighborhoods and Areas

Akron's geography divides roughly into a few distinct cost zones worth understanding before you commit to a zip code. The western side of the city, including neighborhoods like Firestone Park and Kenmore, tends to offer the lowest rents and purchase prices, making them attractive for buyers trying to build equity on a tight budget. These are older residential neighborhoods with real character, though they require more diligence during a home inspection given the age of the housing stock.

The Highland Square area near West Market Street is the closest Akron gets to a walkable, amenity-rich neighborhood, and you'll pay a modest premium for it. It suits renters who want coffee shops and restaurants within walking distance and don't want to feel entirely car-dependent. Further east, areas near the University of Akron campus carry rental inventory that's plentiful but skews toward student housing, so quality varies widely.

For families, the suburbs ringing Akron proper, places like Fairlawn to the west and Stow to the east, offer better-rated school districts with home prices that are still far below what comparable suburban setups cost in major metros. The tradeoff is full car dependency for everything, which feeds directly into that $987 monthly transportation figure.

Is Akron Right for You?

The salary gap here is the central fact to reckon with. Comfortable living requires $85,820, and the median local salary is $48,840. That's a $36,980 gap, which means a significant portion of people working local jobs in retail, food service, or entry-level healthcare are genuinely stretched, not living comfortably by the 50/30/20 standard.

The people who are well-positioned for Akron tend to fall into a few clear categories. Remote workers earning salaries benchmarked to Columbus, Cleveland, or out-of-state markets can live very well here on incomes that don't feel exceptional elsewhere. Skilled trades, nursing, and logistics roles in the region can also approach or clear the $85,820 threshold, particularly with overtime or dual-income households.

Akron also makes sense for people in earlier life stages who are willing to trade income proximity to the threshold for lower upfront costs. Buying a home in Firestone Park at a price that would be impossible in any major metro, then building equity over a decade while holding a mid-range job, is a genuinely viable strategy here. The polymer and advanced manufacturing sector, rooted in Akron's industrial history, still produces technical and engineering roles that pay competitively, with the University of Akron feeding a steady pipeline into those fields.

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 $85,820 per year ($7,152 per month) to live comfortably in Akron. This covers all necessities, discretionary spending, and savings.

How much does housing cost in Akron?

A 2-bedroom apartment in Akron costs approximately $1,268 per month based on HUD Fair Market Rent data. Housing makes up about 18% of the total monthly budget.

Is Akron more expensive than the national average?

No — Akron runs about 11% below the national average. The national figure is $95,975, compared to $85,820 here.