Cost of Living: Cambridge, MA vs Akron, OH

Housing

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

Metric Cambridge Akron
Housing Index 150.0 90.0
Median Home Price $769,000 $147,000
Average Rent (2 BR Apartment) $3000 $1050
Average Rent (2 BR House) $3120 $1100

Housing Comparison: Cambridge vs Akron

  • In Cambridge, the median home price is higher at $769,000, while in Akron it is $147,000.
  • Renting a two-bedroom apartment costs more in Cambridge at $3,000 than in Akron 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 Cambridge Akron
Electricity Price $28.15 $15.92
Natural Gas Price $21.62 $Data is updating
Other Utilities $200 $250

Utilities Comparison: Cambridge vs Akron

  • Electricity costs are higher in Cambridge at $28.15 per kWh, compared to $15.92 in Akron.
  • Natural gas price data is currently unavailable.
  • Akron has higher utility expenses, averaging $250, while Cambridge averages $200.