Cost of Living: Glenwood, AR vs Akron, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Glenwood | Akron |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $150,000 | $147,000 |
| Average Rent (2 BR Apartment) | $800 | $1050 |
| Average Rent (2 BR House) | $840 | $1100 |
Housing Comparison: Glenwood vs Akron
- In Glenwood, the median home price is higher at $150,000, while in Akron it is $147,000.
- Renting a two-bedroom apartment costs more in Glenwood at $800 than in Akron at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Glenwood | Akron |
|---|---|---|
| Electricity Price | $12.36 | $15.92 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Glenwood vs Akron
- Akron has higher electricity costs at $15.92 per kWh, versus $12.36 in Glenwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Glenwood and Akron averaging $250.