City Comparison

Akron vs Clearwater

Cost of Living Comparison · 2026

Akron

Ohio
81
Very Affordable
$146,000
Median Home
$875/mo
Median Rent
$48,500
Median Income

Clearwater

Florida
103
Average
$385,000
Median Home
$1,625/mo
Median Rent
$66,400
Median Income

The Verdict

21.4%

Akron is 21.4% less expensive than Clearwater overall. A household earning $75,000 in Akron would need approximately $95,370 in Clearwater to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
60
Akron
115
Clearwater
Groceries
106
Akron
102
Clearwater
Utilities
80
Akron
101
Clearwater
Transportation
85
Akron
100
Clearwater
Healthcare
88
Akron
92
Clearwater

Salary Equivalence

A $75,000 salary in Akron has the same purchasing power as $95,370 in Clearwater.

Conversely, $75,000 in Clearwater equals $58,981 in Akron.

Living in Akron vs Clearwater

Housing Costs

Akron's housing index of 60 is lower Clearwater's 115, translating to median home prices of $146,000 vs $385,000. The $239,000 difference in home prices means roughly $15,540 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $1,625/mo in Clearwater, a monthly difference of $750.

Grocery & Food Costs

Grocery expenses index at 106 in Akron and 102 in Clearwater. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $485/month in Clearwater. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 80 in Akron and 101 in Clearwater. Monthly utility bills average approximately $320 in Akron vs $404 in Clearwater. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 88 in Akron and 92 in Clearwater. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,500 in Akron and $66,400 in Clearwater. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $64,466 respectively. Clearwater residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Akron vs $1,549/month in Clearwater. In Akron, median rent of $875/mo fits within this budget. In Clearwater, median rent of $1,625/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 55 index points — focus your budget analysis there.

Frequently Asked Questions

Akron is 21.4% more affordable overall with an index of 81 vs 103.
A $75,000 salary in Akron has equivalent purchasing power to approximately $95,370 in Clearwater, based on the cost of living difference.
Akron's housing index is 60 with median homes at $146,000, while Clearwater's is 115 with median homes at $385,000.

Moving & Relocation Resources

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