Akron, OH vs Springfield, OH
Springfield is moderately more affordable than Akron, with a 8.6% lower cost of living index. Akron scores 70 compared to 64 for Springfield, where the US average is 100. This difference means residents of Akron can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Akron is $930/month compared to $805/month in Springfield — a 16% difference. Home values follow the same pattern: Springfield is more affordable at $107,600 median vs $111,200.
Median household income in Akron is $48,544 compared to $45,883 in Springfield (+5.8%). The higher salaries in Akron partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Akron spend roughly 23% of their income on rent, more than the 21.1% in Springfield.
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