Akron, IA vs Humboldt, IA
Akron, IA and Humboldt, IA have a very similar cost of living, with only a 4.9% difference in their overall index. Akron scores 64 while Humboldt scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Akron is $700/month compared to $731/month in Humboldt — a 4% difference. Home values follow the same pattern: Akron is more affordable at $145,300 median vs $162,600.
Median household income in Akron is $59,706 compared to $70,661 in Humboldt (-15.5%). While Humboldt is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Akron spend roughly 14.1% of their income on rent, more than the 12.4% in Humboldt.
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