Cost of Living Forum

AkronResident85 @akronresident85
Joined: 2 years ago

Cost of Living in Akron – Insights from Locals?

Hi all, I’m a long-time Akron resident looking to gather perspectives on the current cost of living situation here. As someone raising a family of four on an average income, I’m always trying to budget wisely. What has your experience been with major expenses like housing, groceries, utilities, transportation, healthcare, and entertainment in Akron? I’d appreciate hearing from folks in different life stages and income brackets to get a well-rounded picture. Please share both the pros and cons you’ve encountered when it comes to managing living costs in our city.

Posts: 7

10 Replies

FrugalFoodie @frugalfoodie
Joined: 3 months ago
As a single person living in Akron, I’ve found that grocery costs can be pretty reasonable if you shop smart. The local Aldi and ethnic markets offer great deals on staples like produce, rice, and eggs. Dining out is also relatively affordable, with plenty of tasty casual and ethnic options around $10-15 per meal. Housing is one of the bigger expenses though – my one-bedroom apartment downtown runs about $900 after utilities. The rent is a bit steep for the area, but the central location makes it worth it for my lifestyle.
Posts: 19
FamilyMan_Akron @familyman_akron
Joined: 2 years ago
For a family like mine with two school-age kids, housing is definitely the biggest monthly outlay. We’re paying around $1300 for a decent 3-bedroom rental in the suburbs. Childcare/education is another major cost – our private preschool was over $500 per month and elementary school fees really add up too. Groceries for a family of four run us $600-800 per month if we stick to basics. Utility bills seem average, maybe $200ish combined. Healthcare is a struggle – even with insurance, out-of-pocket costs for regular checkups, medications, etc. add up quickly. On the plus side, there are lots of free/cheap community activities and parks to help keep kids entertained.
Posts: 14
AkronMillennial @akronmillennial
Joined: 8 months ago
As a young professional, Akron has been pretty affordable so far. I’m paying $775 for a decent one-bedroom apartment a few miles from downtown. Groceries, dining out, and utilities are all quite reasonable compared to bigger cities I’ve lived in. My biggest costs are probably my car payment ($300/month) and student loans ($400/month) – public transit isn’t great here. Entertainment-wise, I spend maybe $100/month going to breweries, concerts, etc. Rent may jump when I need to upsize, but overall Akron has an affordable lifestyle for a single income.
Posts: 9
RetiredInTheRubber @retiredintherubber
Joined: 2 years ago
Living costs in Akron are very manageable for me as a retiree, which is one reason I chose to stay put here. My mortgage is paid off, which is a huge relief, and property taxes are quite low at around $2000 per year. Utilities tend to be $150-200 per month. Groceries are affordable, especially since there’s no need to buy in bulk anymore. Healthcare is a major wildcard in retirement though – my Medicare supplement runs $200/month with additional drug costs. I budget about $300/month for leisure like golf, dining out, etc. All in all, Akron provides a comfortable lifestyle at a reasonable cost for seniors.
Posts: 21
BrokeStudent_Akron @brokestudent_akron
Joined: 2 years ago
As a college student here, budgeting is a constant struggle! Housing is my biggest expense – my rent for a dingy two-bedroom I split with roommates is still over $500 each. Add utilities, internet, etc. and housing eats up more than half my monthly budget of $1000 or so from my part-time job. Groceries from Aldi help a lot, and I try to cook bulk meals. Going out is a rare treat. Rising tuition and book costs are also tough. It’s definitely a grind living cheaply as a student in Akron, but it could be way worse in a bigger city at least.
Posts: 8
AkronEntrepreneur @akronentrepreneur
Joined: 2 years ago
From a business perspective, Akron has been a great place to operate with relatively low overhead costs. Commercial rent for my small office space is very reasonable at $1200 per month. Payroll for my employees is manageable too – we pay $35-45k salaries for professional roles. Health insurance does eat up a big chunk at $500+ per employee though. Utilities are pretty affordable for the office space, maybe $300 per month. My family’s living costs align with other middle-income households – mortgage around $1100, groceries $600-700 per month for four people, etc. Akron provides a solid blend of urban amenities and reasonable costs.
Posts: 2
HealthNutAkron @healthnutakron
Joined: 7 months ago
For me, the biggest living cost pain point in Akron is healthcare, even with insurance through my employer. I pay $150 per month for a high-deductible plan, and my chronic condition means I hit the $3500 deductible easily. Doctor visits, tests, prescriptions – it all piles up quickly despite my best efforts to stay healthy. That said, other costs like my $800 rent for a nice one-bedroom downtown and reasonable grocery/utility bills helps offset those medical expenses somewhat. But managing healthcare costs is definitely an ongoing challenge.
Posts: 11
Sporty_Akron_Dad @sporty_akron_dad
Joined: 2 years ago
With three active kids playing travel sports, a huge chunk of my budget goes towards their activities and equipment. Club fees are $100-300 per kid per season, then there are travel costs for tournaments, plus expensive gear/apparel. We easily spend $500+ per month on their sports. Housing is another major expense – our four-bedroom rental is $1600 to have enough space and be in the right school district. Groceries for a busy family of five are at least $1000 per month too. Akron has good affordable housing compared to salaries, but costs really pile up quickly for a bigger family like ours.
Posts: 2
ArtistLife_Akron @artistlife_akron
Joined: 2 years ago
As someone working in Akron’s arts/creative scene, budgeting is always a challenge on an irregular freelance income. Housing is my biggest consistent cost – I rent a funky one-bedroom loft downtown for $950. Utilities seem to run $150ish. I try to keep grocery costs down by buying bulk staples and produce from local markets. Healthcare is another major strain since I don’t have employer insurance – a high-deductible marketplace plan still costs over $300 monthly. But Akron has an extremely affordable local arts/music scene at least, with lots of cheap DIY venues compared to bigger cities. Low living costs somewhat offset the inconsistent creative income flow.
Posts: 12
Transplant_NEO @transplant_neo
Joined: 2 years ago
I recently relocated to Akron from New York City, and the cost of living difference has been night and day! My biggest savings are on housing – I went from a cramped $2800 one-bedroom in NYC to a nice $1100 two-bedroom apartment here. Groceries and utilities are so cheap in comparison too. My income dropped a bit with the career change, but Akron’s lower costs make it very livable. I miss NYC’s public transit and walkability, but owning a car and paying for gas/insurance isn’t too heavy a burden. A couple downsides are higher healthcare costs on the individual market, and fewer free/low-cost cultural amenities than NYC. But overall, I’m able to enjoy a much higher quality of life on a lower Midwest salary.
Posts: 24

Detailed Price Insights of Abilene, TX

  • Meal, Inexpensive Restaurant – 19.50 $
  • Meal for 2 People, Mid-range Restaurant, Three-course – 51.62 $
  • McMeal at McDonalds (or Equivalent Combo Meal) – 10.00 $
  • Domestic Beer (0.5 liter draught) – 5.00 $
  • Imported Beer (0.33 liter bottle) – 4.75 $
  • Cappuccino (regular) – 4.67 $
  • Coke/Pepsi (0.33 liter bottle) – 2.35 $
  • Water (0.33 liter bottle) – 1.42 $
  • Milk (regular), (1 liter) – 0.79 $
  • Loaf of Fresh White Bread (500g) – 2.56 $
  • Rice (white), (1kg) – 3.08 $
  • Eggs (regular) (12) – 2.00 $
  • Local Cheese (1kg) – 9.15 $
  • Chicken Fillets (1kg) – 10.63 $
  • Beef Round (1kg) (or Equivalent Back Leg Red Meat) – 12.35 $
  • Apples (1kg) – 7.60 $
  • Banana (1kg) – 1.44 $
  • Oranges (1kg) – 7.28 $
  • Tomato (1kg) – 6.22 $
  • Potato (1kg) – 2.43 $
  • Onion (1kg) – 2.12 $
  • Lettuce (1 head) – 1.97 $
  • Water (1.5 liter bottle) – 1.70 $
  • Bottle of Wine (Mid-Range) – 14.00 $
  • Domestic Beer (0.5 liter bottle) – 1.73 $
  • Imported Beer (0.33 liter bottle) – 4.50 $
  • Cigarettes 20 Pack (Marlboro) – 8.50 $
  • One-way Ticket (Local Transport) – 1.25 $
  • Taxi Start (Normal Tariff) – 2.50 $
  • Taxi 1km (Normal Tariff) – 2.50 $
  • Taxi 1hour Waiting (Normal Tariff) – 40.00 $
  • Gasoline (1 liter) – 0.83 $
  • Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) – 29,555.82 $
  • Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) – 25,789.38 $
  • Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment – 192.86 $
  • Mobile Phone Monthly Plan with Calls and 10GB+ Data – 33.67 $
  • Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) – 71.00 $
  • Fitness Club, Monthly Fee for 1 Adult – 50.00 $
  • Cinema, International Release, 1 Seat – 13.00 $
  • Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child – 450.00 $
  • International Primary School, Yearly for 1 Child – 12,700.00 $
  • 1 Pair of Jeans (Levis 501 Or Similar) – 43.50 $
  • 1 Summer Dress in a Chain Store (Zara, H&M, …) – 64.50 $
  • 1 Pair of Nike Running Shoes (Mid-Range) – 87.75 $
  • 1 Pair of Men Leather Business Shoes – 70.00 $
  • Apartment (1 bedroom) in City Centre – 883.33 $
  • Apartment (1 bedroom) Outside of Centre – 775.00 $
  • Apartment (3 bedrooms) in City Centre – 1,500.00 $
  • Apartment (3 bedrooms) Outside of Centre – 1,233.33 $
  • Price per Square Meter to Buy Apartment in City Centre – 1,491.00 $
  • Price per Square Meter to Buy Apartment Outside of Centre – 1,254.20 $
  • Average Monthly Net Salary (After Tax) – 2,885.82 $
  • Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate – 6.48
Please Login or Register to reply to this topic.
Join Us!