⚖️ City Comparison

Akron vs Chicago

Cost of Living Comparison · 2026 Data

Akron

Ohio
81
Very Affordable
$264,000
Median Home
$1,180/mo
Median Rent
$47,300
Median Income

Chicago

Illinois
107
Above Average
$310,000
Median Home
$1,700/mo
Median Rent
$62,097
Median Income

💡 The Verdict

24% Cheaper

Akron is 24% cheaper than Chicago overall. A $75,000 salary in Akron is equivalent to $99,074 in Chicago.

Category-by-Category Breakdown

Index values for Akron (left) vs Chicago (right). National average = 100.

Housing
84
Housing
112
Groceries
79
Groceries
104
Utilities
73
Utilities
100
Transportation
80
Transportation
116
Healthcare
81
Healthcare
101

Detailed Price Comparison

Estimated item-level prices in Akron versus Chicago. Differences shown from Akron perspective.

ItemAkronChicagoDifference
1-Bed Rent$790/mo$1,230/mo$-440.00
2-Bed Rent$1,180/mo$1,700/mo$-520.00
3-Bed Rent$1,550/mo$2,220/mo$-670.00
Bread (loaf)$2.26$2.71$-0.45
Milk (gallon)$3.19$4.17$-0.98
Eggs (dozen)$2.05$3.55$-1.50
Coffee (latte)$4.79$6.11$-1.32
Gas (gallon)$3.05$3.57$-0.52
Restaurant Meal$13.96$15.53$-1.57

💰 Salary Equivalence

A $75,000 salary in Akron has the same purchasing power as $99,074 in Chicago.

Conversely, $75,000 in Chicago equals $56,776 in Akron.

💼 Take-Home Pay Comparison

Estimated annual take-home pay on a $75,000 salary after federal, FICA, and state income taxes.

$55,012
Akron (Ohio)
$53,962
Chicago (Illinois)

The $1050 difference is driven by Illinois having a higher state income tax rate. Ohio details → · Illinois details →

⚙️ Customize Your Comparison

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Your Weighted Score
81 vs 107

Reading These Numbers: Akron (81) vs Chicago (107)

Akron at 81 is 19% below the US average, while Chicago at 107 is 7% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

In Akron, the composite index of 81 reflects a weighted calculation where housing carries the most influence at 84, followed by groceries (79), utilities (73), transportation (80), and healthcare (81). Costs are fairly balanced across categories.

For renters: With median rents of $1,180/mo in Akron and $1,700/mo in Chicago, the annual rent difference is approximately $6,240.0. Over a 5-year period, that compounds to $31,200.0 in savings by choosing the more affordable city.

For homebuyers: The $46,000.0 difference in median home prices between Akron and Chicago translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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Making Your Decision: Akron vs Chicago

Choosing between Akron and Chicago involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.

Long-term affordability in Akron versus Chicago depends partly on cost trajectory. Cities experiencing rapid population growth tend to see costs rise faster than established metros where supply has caught up with demand. While our index captures current conditions, consider whether the city trending cheaper today might converge toward average over the next five to ten years as more people discover it. Our quarterly updates help track these shifts over time.