Cost of Living: Akron, OH vs Bellwood, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Akron Bellwood
Housing Index 90.0 105.0
Median Home Price $147,000 $232,000
Average Rent (2 BR Apartment) $1050 $1800
Average Rent (2 BR House) $1100 $1840

Housing Comparison: Akron vs Bellwood

  • The median home price in Bellwood is higher at $232,000, compared to $147,000 in Akron.
  • In Bellwood, the rental for a two-bedroom apartment stands at $1,800, while it is $1,050 in Akron.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Akron Bellwood
Electricity Price $15.92 $16.15
Natural Gas Price $Data is updating $16.59
Other Utilities $250 $250

Utilities Comparison: Akron vs Bellwood

  • Bellwood has higher electricity costs at $16.15 per kWh, versus $15.92 in Akron.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Akron and Bellwood averaging $250.