New York, NY 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 $752,000 in New York, a 85% gap that dominates most relocation math. State income-tax burden also tilts toward Akron — a top rate of 3.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$111,200 ✓
Zillow Home Value
$812,534
$134,375
Median Gross Rent
$1,779/mo
$930/mo ✓
Owner Occupied %
32.8%
50.8%
Price-to-Rent Ratio
35.2x
10.0x
Median Household Income
$79,713 ✓
$48,544
Per Capita Income
$50,776
$29,763
Unemployment Rate
7.7% ✓
8.0%
Poverty Rate
17.4%
22.9%
Avg Commute (min)
44.8 min
23.9 min
Drove Alone %
21.9%
74.3%
Public Transit %
45.5%
2.2%
Work From Home %
15.0%
9.6%
State Income Tax
10.9%
3.8%
Total Sales Tax
8.5%
7.2% ✓
Property Tax Rate
1.7%
1.6%
Bachelor's Degree %
23.6%
15.3%
Median Age
38
37.2
Avg High Temp
62.6°F
62.1°F
Annual Precipitation
49.5"
32.5"
Annual Snowfall
29.8"
—
New York, NY 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Akron, OH 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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