Chicago, IL vs Akron, OH
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Akron runs $111,000 versus $315,000 in Chicago, a 65% gap that dominates most relocation math.
Median Home Value
$315,200
$111,200 ✓
Zillow Home Value
$312,456
$134,375
Median Gross Rent
$1,380/mo
$930/mo ✓
Owner Occupied %
45.5%
50.8%
Price-to-Rent Ratio
19.0x
10.0x
Median Household Income
$75,134 ✓
$48,544
Per Capita Income
$48,148
$29,763
Unemployment Rate
7.9% ✓
8.0%
Poverty Rate
16.8%
22.9%
Avg Commute (min)
36.7 min
23.9 min
Drove Alone %
46.0%
74.3%
Public Transit %
19.3%
2.2%
Work From Home %
18.3%
9.6%
State Income Tax
5.0%
3.8%
Total Sales Tax
8.7%
7.2% ✓
Property Tax Rate
2.2%
1.6%
Bachelor's Degree %
24.9%
15.3%
Median Age
35.7
37.2
Avg High Temp
60.3°F
62.1°F
Annual Precipitation
34.4"
32.5"
Chicago, IL 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Akron, OH 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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