Akron, NY vs Wilmington, NY
There is a significant gap in the cost of living between these two cities. Akron is 22.6% cheaper than Wilmington. With a cost index of 72 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Akron to Wilmington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Akron is $738/month compared to $1,160/month in Wilmington — a 36% difference. Home values follow the same pattern: Akron is more affordable at $197,100 median vs $260,300.
Median household income in Akron is $45,250 compared to $91,750 in Wilmington (-50.7%). While Wilmington 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 19.6% of their income on rent, more than the 15.2% in Wilmington.
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