Cost of Living in Akron, NY
Housing
The housing market plays a significant role in determining the cost of living in Akron, NY.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing your data for Akron, NY, the housing index stands at 0.0, indicating a potentially stable or unchanging real estate market. With a median home price of 200000, buying a home could be an affordable option here compared to many urban areas. However, with both average rents for a 2-bedroom apartment at 0.0 and for a 2-bedroom house at 0.0 at zero, this may suggest limited rental availability. Make sure to consider the overall market trends and amenities in Akron to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Akron, NY.
- Electricity Price: $26.08 USD (median by state)
- Natural Gas Price: $18.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Akron, NY could entail higher utility costs. Electricity costs sit at $26.08, while natural gas is priced at $18.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Akron is a financially viable option for your relocation.