City Comparison

Akron vs Hong Kong

Cost of Living Comparison · 2026

Akron

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

Hong Kong

Hong Kong
107
Above Average
$1.1M
Median Home
$2,350/mo
Median Rent
$42,000
Median Income

The Verdict

24.3%

Akron is 24.3% less expensive than Hong Kong overall. A household earning $75,000 in Akron would need approximately $99,074 in Hong Kong to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
60
Akron
195
Hong Kong
Groceries
106
Akron
105
Hong Kong
Utilities
80
Akron
92
Hong Kong
Transportation
85
Akron
78
Hong Kong
Healthcare
88
Akron
65
Hong Kong

Salary Equivalence

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

Conversely, $75,000 in Hong Kong equals $56,776 in Akron.

Living in Akron vs Hong Kong

Housing Costs

Akron's housing index of 60 is lower Hong Kong's 195, translating to median home prices of $146,000 vs $1.1M. The $954,000 difference in home prices means roughly $62,016 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $2,350/mo in Hong Kong, a monthly difference of $1,475.

Grocery & Food Costs

Grocery expenses index at 106 in Akron and 105 in Hong Kong. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $499/month in Hong Kong. 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 92 in Hong Kong. Monthly utility bills average approximately $320 in Akron vs $368 in Hong Kong. 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 65 in Hong Kong. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-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 $42,000 in Hong Kong. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $39,252 respectively. Akron residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Akron vs $980/month in Hong Kong. In Akron, median rent of $875/mo fits within this budget. In Hong Kong, median rent of $2,350/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 135 index points — focus your budget analysis there.

Frequently Asked Questions

Akron is 24.3% more affordable overall with an index of 81 vs 107.
A $75,000 salary in Akron has equivalent purchasing power to approximately $99,074 in Hong Kong, based on the cost of living difference.
Akron's housing index is 60 with median homes at $146,000, while Hong Kong's is 195 with median homes at $1.1M.

Moving & Relocation Resources

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