Cost of Living: New York, NY vs Akron, OH (2026)

New York

New York
166
VS

Akron

Ohio
55

New York is 202% more expensive than Akron.

$1,779/mo ↑ 91%
Median Rent
$930/mo ↓ 48%
$79,713/yr ↑ 64%
Median Income
$48,544/yr ↓ 39%
$751,700 ↑ 576%
Home Value
$111,200 ↓ 85%
$1,837/mo ↑ 103%
Owner Costs
$904/mo ↓ 51%
8,516,202
Population
189,526

Tax Comparison

10.9%
Income Tax
3.5%
4.0%
State Sales Tax
5.75%
1.62%
Property Tax
1.53%

Affordability

26.8%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing New York, NY and Akron, OH, the overall cost of living indices are 166 and 55 respectively (national median = 100). Rent is $849/month cheaper in Akron, saving renters about $10,188/year.

Median household income is $31,169/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $111,200 in Akron.

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

Frequently Asked Questions

New York vs Akron — common questions

Is New York or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 166 (US average = 100).
What is the rent difference between New York and Akron?
Median rent in New York is $1,779/month and in Akron it's $930/month — a difference of $849/month.
Which city has higher income, New York or Akron?
Median household income is $79,713 in New York and $48,544 in Akron. Median household income is $31,169/year higher in New York.
How do taxes compare between New York and Ohio?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to New York or Akron?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/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 New York details → View Akron details →

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