Cost of Living: South bend, IN vs Akron, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South bend | Akron |
|---|---|---|
| Housing Index | 80.0 | 90.0 |
| Median Home Price | $181,000 | $147,000 |
| Average Rent (2 BR Apartment) | $950 | $1050 |
| Average Rent (2 BR House) | $1000 | $1100 |
Housing Comparison: South bend vs Akron
- In South bend, the median home price is higher at $181,000, while in Akron it is $147,000.
- Renting a two-bedroom apartment costs more in South bend at $950 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 | South bend | Akron |
|---|---|---|
| Electricity Price | $14.89 | $15.92 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: South bend vs Akron
- Akron has higher electricity costs at $15.92 per kWh, versus $14.89 in South bend.
- Natural gas price data is currently unavailable.
- Akron has higher utility expenses, averaging $250, while South bend averages $200.