Akron vs Concord
Cost of Living Comparison · 2026
Akron
Concord
The Verdict
Akron is 44.9% less expensive than Concord overall. A household earning $75,000 in Akron would need approximately $136,111 in Concord to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Akron has the same purchasing power as $136,111 in Concord.
Conversely, $75,000 in Concord equals $41,327 in Akron.
Living in Akron vs Concord
Housing Costs
Akron's housing index of 60 is lower Concord's 210, translating to median home prices of $146,000 vs $680,000. The $534,000 difference in home prices means roughly $34,716 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $2,350/mo in Concord, a monthly difference of $1,475.
Grocery & Food Costs
Grocery expenses index at 106 in Akron and 112 in Concord. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $532/month in Concord. Akron offers a meaningful advantage on everyday food costs, saving roughly $336/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 80 in Akron and 147 in Concord. Monthly utility bills average approximately $320 in Akron vs $588 in Concord. 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 121 in Concord. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 33-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $48,500 in Akron and $109,000 in Concord. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $74,150 respectively. Concord 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 $2,543/month in Concord. In Akron, median rent of $875/mo fits within this budget. In Concord, median rent of $2,350/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 150 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases