Cost Of Living in Northwest Akron, OH

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Northwest Akron	Akron	Ohio
Cost of living	93	84	92
Goods & Services	92	92	100
Groceries	101	101	101
Health care	95	95	98
Housing	85	57	73
Transportation	98	98	100
Utilities	103	103	99

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Cost Of Living Quick Facts

The cost of living in Northwest Akron is 1% higher than the Akron average
The cost of living in Northwest Akron is 7% lower than the national average
Northwest Akron housing is 15% lower than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 6% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$91,588	$7,632	$2,137	$2,748

Ohio Sales Tax

State	General Sales Tax	With Max Surtax
Ohio	5.75%	8%

Ohio Income Tax

State	Income Tax (Low)	Income Tax (High)
Ohio	2.76%	3.99%

Goods & Services

Item	Akron	National avg.	Difference
Haircut	$23.67	$24.26	2.5%
Beauty Salon	$35.31	$45.56	22.5%
Toothpaste	$3.68	$3.70	0.5%
Shampoo	$1.45	$1.28	13.0%
Movie	$11.60	$12.13	4.4%
Bowling	$18.27	$18.00	1.5%

Groceries

Item	Akron	National avg.	Difference
Ground Beef	$5.46	$5.84	6.5%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.57	$4.67	2.3%
Potatoes	$5.38	$4.93	9.1%
Pizza	$9.98	$12.09	17.4%
Beer	$10.51	$10.41	1.0%

Health Care

Item	Akron	National avg.	Difference
Optometrist	$103.58	$125.68	17.6%
Doctor	$119.67	$135.78	11.9%
Dentist	$109.73	$113.29	3.1%
Ibuprofen	$10.73	$10.65	0.7%
Lipitor	$503.65	$468.60	7.5%

Housing

Item	Akron	National avg.	Difference
Home Price	$83,500.00	$184,700.00	54.8%
Avg. Mortgage Payment	$1,788.16	$2,346.69	23.8%
Apartment Rent	$795.00	$949.00	16.2%

Transportation

Item	Akron	National avg.	Difference
Gasoline	$3.41	$3.46	1.4%
Tire Balancing	$57.76	$59.92	3.6%

Utilities

Item	Akron	National avg.	Difference
All Electricity	$205.88	$193.99	6.1%
Phone	$186.78	$192.25	2.8%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Sawyerwood, OH	1,604	80	20.0%
Barberton, OH	26,030	85	15.5%
Sterling, OH	342	85	15.0%
Lakemore, OH	3,070	86	13.9%
Rittman, OH	6,439	88	12.2%
Akron, OH	197,375	84	15.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Burlington, ON	197,435	n/a
Augusta, GA	197,535	85	14.9%
Little Rock, AR	198,067	98	2.1%
Sunrise Manor, NV	198,187	98	2.2%
Port St. Lucie, FL	195,773	108	7.9%
Akron, OH	197,375	84	15.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Northwest Akron, Akron, OH