Cost of Living: Akron, OH vs Malta, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Akron | Malta |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $147,000 | $229,000 |
| Average Rent (2 BR Apartment) | $1050 | $1600 |
| Average Rent (2 BR House) | $1100 | $1640 |
Housing Comparison: Akron vs Malta
- The median home price in Malta is higher at $229,000, compared to $147,000 in Akron.
- In Malta, the rental for a two-bedroom apartment stands at $1,600, 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 | Malta |
|---|---|---|
| Electricity Price | $15.92 | $13.58 |
| Natural Gas Price | $Data is updating | $8.31 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Akron vs Malta
- Electricity costs are higher in Akron at $15.92 per kWh, compared to $13.58 in Malta.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Akron and Malta averaging $250.