City Comparison

Akron vs Warwick

Cost of Living Comparison · 2026

Akron

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

Warwick

Rhode Island
106
Above Average
$413,000
Median Home
$1,425/mo
Median Rent
$74,600
Median Income

The Verdict

23.6%

Akron is 23.6% less expensive than Warwick overall. A household earning $75,000 in Akron would need approximately $98,148 in Warwick to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
60
Akron
127
Warwick
Groceries
106
Akron
102
Warwick
Utilities
80
Akron
112
Warwick
Transportation
85
Akron
105
Warwick
Healthcare
88
Akron
103
Warwick

Salary Equivalence

A $75,000 salary in Akron has the same purchasing power as $98,148 in Warwick.

Conversely, $75,000 in Warwick equals $57,311 in Akron.

Living in Akron vs Warwick

Housing Costs

Akron's housing index of 60 is lower Warwick's 127, translating to median home prices of $146,000 vs $413,000. The $267,000 difference in home prices means roughly $17,352 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Akron compared to $1,425/mo in Warwick, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 106 in Akron and 102 in Warwick. A household spending the national average of $475/month on groceries would pay approximately $504/month in Akron vs $485/month in Warwick. 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 112 in Warwick. Monthly utility bills average approximately $320 in Akron vs $448 in Warwick. 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 103 in Warwick. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-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 $74,600 in Warwick. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,877 and $70,377 respectively. Warwick 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 $1,741/month in Warwick. In Akron, median rent of $875/mo fits within this budget. In Warwick, median rent of $1,425/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 67 index points — focus your budget analysis there.

Frequently Asked Questions

Akron is 23.6% more affordable overall with an index of 81 vs 106.
A $75,000 salary in Akron has equivalent purchasing power to approximately $98,148 in Warwick, based on the cost of living difference.
Akron's housing index is 60 with median homes at $146,000, while Warwick's is 127 with median homes at $413,000.

Moving & Relocation Resources

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