Cost of Living in Akron, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

86.0

100 = national avg

-14.0 vs national average

Living Wage (1 Adult)

$37,838

per year

Living Wage (Family of 4)

$89,435

per year

Cost Index by Category

Housing
99.2
Food
84.6
Transportation
69.2
Healthcare
87.7
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,139

per month

2 Bedroom

$1,343

per month

The overall cost of living index in Akron is 86.0, which is 14.0% below the national average. Housing costs are below the national average at an index of 99.2. A single adult needs to earn approximately $37,838 per year to cover basic expenses.