Cost of Living: Anchorage, AK vs Akron, OH (2026)

Anchorage

Alaska
113
VS

Akron

Ohio
55

Anchorage is 105% more expensive than Akron.

$1,453/mo ↑ 56%
Median Rent
$930/mo ↓ 36%
$98,152/yr ↑ 102%
Median Income
$48,544/yr ↓ 51%
$375,900 ↑ 238%
Home Value
$111,200 ↓ 70%
$1,698/mo ↑ 88%
Owner Costs
$904/mo ↓ 47%
289,069
Population
189,526

Tax Comparison

0%
Income Tax
3.5%
0%
State Sales Tax
5.75%
1.04%
Property Tax
1.53%

Affordability

17.8%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Akron, OH, the overall cost of living indices are 113 and 55 respectively (national median = 100). Rent is $523/month cheaper in Akron, saving renters about $6,276/year.

Median household income is $49,608/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $111,200 in Akron.

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

Frequently Asked Questions

Anchorage vs Akron — common questions

Is Anchorage or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 113 (US average = 100).
What is the rent difference between Anchorage and Akron?
Median rent in Anchorage is $1,453/month and in Akron it's $930/month — a difference of $523/month.
Which city has higher income, Anchorage or Akron?
Median household income is $98,152 in Anchorage and $48,544 in Akron. Median household income is $49,608/year higher in Anchorage.
How do taxes compare between Alaska and Ohio?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Anchorage or Akron?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Akron has a cost index of 55 with rent of $930/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Akron details →

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