City Comparison

Akron vs Springfield

Cost of Living Comparison · 2026

Akron

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

Springfield

Missouri
84
Very Affordable
$225,000
Median Home
$950/mo
Median Rent
$46,000
Median Income

The Verdict

3.6%

Akron is 3.6% less expensive than Springfield overall. A household earning $75,000 in Akron would need approximately $77,778 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
60
Akron
67
Springfield
Groceries
106
Akron
94
Springfield
Utilities
80
Akron
79
Springfield
Transportation
85
Akron
90
Springfield
Healthcare
88
Akron
116
Springfield

Salary Equivalence

A $75,000 salary in Akron has the same purchasing power as $77,778 in Springfield.

Conversely, $75,000 in Springfield equals $72,321 in Akron.

Living in Akron vs Springfield

Housing Costs

Akron's housing index of 60 is lower Springfield's 67, translating to median home prices of $146,000 vs $225,000. The $79,000 difference in home prices means roughly $5,136 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $950/mo in Springfield, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 106 in Akron and 94 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $447/month in Springfield. Springfield offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 80 in Akron and 79 in Springfield. Monthly utility bills average approximately $320 in Akron vs $316 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 88 in Akron and 116 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-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 $46,000 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $54,762 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 $1,073/month in Springfield. In Akron, median rent of $875/mo fits within this budget. In Springfield, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 28 index points — focus your budget analysis there.

Frequently Asked Questions

Akron is 3.6% more affordable overall with an index of 81 vs 84.
A $75,000 salary in Akron has equivalent purchasing power to approximately $77,778 in Springfield, based on the cost of living difference.
Akron's housing index is 60 with median homes at $146,000, while Springfield's is 67 with median homes at $225,000.

Moving & Relocation Resources

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