Akron, IA vs Shenandoah, IA

Akron, IA and Shenandoah, IA have a very similar cost of living, with only a 0.1% difference in their overall index. Akron scores 64 while Shenandoah scores 64 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 $762/month in Shenandoah — a 8% difference. Interestingly, home values tell a different story: while Akron has cheaper rent, Shenandoah actually has lower median home values ($110,000 vs $145,300).

Median household income in Akron is $59,706 compared to $52,469 in Shenandoah (+13.8%). While Akron 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, less than the 17.4% in Shenandoah.