Cost of Living: Colorado Springs, CO vs Akron, OH (2026)

Colorado Springs

Colorado
119
VS

Akron

Ohio
55

Colorado Springs is 116% more expensive than Akron.

$1,562/mo ↑ 68%
Median Rent
$930/mo ↓ 40%
$83,198/yr ↑ 71%
Median Income
$48,544/yr ↓ 42%
$420,700 ↑ 278%
Home Value
$111,200 ↓ 74%
$1,592/mo ↑ 76%
Owner Costs
$904/mo ↓ 43%
483,099
Population
189,526

Tax Comparison

4.4%
Income Tax
3.5%
2.9%
State Sales Tax
5.75%
0.51%
Property Tax
1.53%

Affordability

22.5%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Akron, OH, the overall cost of living indices are 119 and 55 respectively (national median = 100). Rent is $632/month cheaper in Akron, saving renters about $7,584/year.

Median household income is $34,654/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $111,200 in Akron.

Ohio has a lower income tax rate, making Akron slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Akron — common questions

Is Colorado Springs or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Akron?
Median rent in Colorado Springs is $1,562/month and in Akron it's $930/month — a difference of $632/month.
Which city has higher income, Colorado Springs or Akron?
Median household income is $83,198 in Colorado Springs and $48,544 in Akron. Median household income is $34,654/year higher in Colorado Springs.
How do taxes compare between Colorado and Ohio?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Colorado Springs or Akron?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/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 Colorado Springs details → View Akron details →

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