Cost of Living: Miami, FL vs Akron, OH (2026)

Miami

Florida
129
VS

Akron

Ohio
55

Miami is 135% more expensive than Akron.

$1,657/mo ↑ 78%
Median Rent
$930/mo ↓ 44%
$59,390/yr ↑ 22%
Median Income
$48,544/yr ↓ 18%
$475,200 ↑ 327%
Home Value
$111,200 ↓ 77%
$1,666/mo ↑ 84%
Owner Costs
$904/mo ↓ 46%
446,663
Population
189,526

Tax Comparison

0%
Income Tax
3.5%
6.0%
State Sales Tax
5.75%
0.86%
Property Tax
1.53%

Affordability

33.5%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Akron, OH, the overall cost of living indices are 129 and 55 respectively (national median = 100). Rent is $727/month cheaper in Akron, saving renters about $8,724/year.

Median household income is $10,846/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $111,200 in Akron.

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

Frequently Asked Questions

Miami vs Akron — common questions

Is Miami or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 129 (US average = 100).
What is the rent difference between Miami and Akron?
Median rent in Miami is $1,657/month and in Akron it's $930/month — a difference of $727/month.
Which city has higher income, Miami or Akron?
Median household income is $59,390 in Miami and $48,544 in Akron. Median household income is $10,846/year higher in Miami.
How do taxes compare between Florida and Ohio?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Miami or Akron?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/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 Miami details → View Akron details →

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