Cost of Living in Akron, PA
Housing
The housing market plays a significant role in determining the cost of living in Akron, PA.
- Housing Index: Data is updating
- Median Home Price is: $234,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In evaluating the real estate landscape in Akron, PA, the housing index shows no data available, making it difficult to gauge market dynamics. However, with a median home price of 234000 and an absence of average rent statistics for both 2-bedroom apartments and houses, this suggests a potentially underdeveloped rental market. Buyers might find affordable entry points, while those seeking to rent may need to anticipate limited options. It's advisable to research local amenities, schools, and the overall economy as these factors can significantly affect long-term living quality and home value appreciation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Akron, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Akron, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 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.