City Comparison

Akron vs Fargo

Cost of Living Comparison · 2026

Akron

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

Fargo

North Dakota
93
Below Average
$260,000
Median Home
$1,000/mo
Median Rent
$55,218
Median Income

The Verdict

12.9%

The cost gap between these cities is 12.9%, with Akron being the more affordable option. A $75,000 income in Akron has equivalent purchasing power to $86,111 in Fargo.

Category-by-Category Breakdown

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

Housing
60
Akron
80
Fargo
Groceries
106
Akron
98
Fargo
Utilities
80
Akron
92
Fargo
Transportation
85
Akron
99
Fargo
Healthcare
88
Akron
105
Fargo

Salary Equivalence

A $75,000 salary in Akron has the same purchasing power as $86,111 in Fargo.

Conversely, $75,000 in Fargo equals $65,323 in Akron.

Living in Akron vs Fargo

Housing Costs

Akron's housing index of 60 is lower Fargo's 80, translating to median home prices of $146,000 vs $260,000. The $114,000 difference in home prices means roughly $7,416 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $1,000/mo in Fargo, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 106 in Akron and 98 in Fargo. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $466/month in Fargo. Fargo offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 80 in Akron and 92 in Fargo. Monthly utility bills average approximately $320 in Akron vs $368 in Fargo. 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 105 in Fargo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-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 $55,218 in Fargo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $59,374 respectively. Akron residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Akron vs $1,288/month in Fargo. In Akron, median rent of $875/mo fits within this budget. In Fargo, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

Akron is 12.9% more affordable overall with an index of 81 vs 93.
A $75,000 salary in Akron has equivalent purchasing power to approximately $86,111 in Fargo, based on the cost of living difference.
Akron's housing index is 60 with median homes at $146,000, while Fargo's is 80 with median homes at $260,000.

Moving & Relocation Resources

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