Cost of Living: Akron, OH vs Silverhill, AL

Housing

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

Metric Akron Silverhill
Housing Index 90.0 Data is updating
Median Home Price $147,000 $161,000
Average Rent (2 BR Apartment) $1050 $Data is updating
Average Rent (2 BR House) $1100 $Data is updating

Housing Comparison: Akron vs Silverhill

  • The median home price in Silverhill is higher at $161,000, compared to $147,000 in Akron.
  • The rent for a two-bedroom apartment is equal in both Akron and Silverhill 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 Akron Silverhill
Electricity Price $15.92 $15.03
Natural Gas Price $Data is updating $21.76
Other Utilities $250 $Data is updating

Utilities Comparison: Akron vs Silverhill

  • Electricity costs are higher in Akron at $15.92 per kWh, compared to $15.03 in Silverhill.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Akron and Silverhill averaging $250.