Cost of Living: Akron, OH vs Richardson, TX (2026)

Akron

Ohio
55
VS

Richardson

Texas
128

Akron is 73% cheaper than Richardson.

$930/mo ↓ 49%
Median Rent
$1,825/mo ↑ 96%
$48,544/yr ↓ 50%
Median Income
$96,257/yr ↑ 98%
$111,200 ↓ 73%
Home Value
$405,600 ↑ 265%
$904/mo ↓ 50%
Owner Costs
$1,796/mo ↑ 99%
189,526
Population
118,269

Tax Comparison

3.5%
Income Tax
0%
5.75%
Sales Tax
6.25%
1.53%
Property Tax
1.6%

Affordability

23.0%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Akron, OH and Richardson, TX, the overall cost of living indices are 55 and 128 respectively (national median = 100). Rent is $895/month cheaper in Akron, saving renters about $10,740/year.

Median household income is $47,713/year higher in Richardson. Home values also differ significantly — the median in Akron is $111,200 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Akron vs Richardson — common questions

Is Akron or Richardson cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 128 (US average = 100).
What is the rent difference between Akron and Richardson?
Median rent in Akron is $930/month and in Richardson it's $1,825/month — a difference of $895/month.
Which city has higher income, Akron or Richardson?
Median household income is $48,544 in Akron and $96,257 in Richardson. Median household income is $47,713/year higher in Richardson.
How do taxes compare between Ohio and Texas?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Akron or Richardson?
It depends on your priorities. Akron has a cost index of 55 with median rent of $930/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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