Cost of Living: Lima, OH vs Akron, OH
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,356/mo in Lima, OH versus $4,356/mo in Akron, OH. In the model, rent is about 12.6% of gross in Lima, OH versus 13.56% in Akron, OH, so Lima, OH tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lima, OH and Akron, OH.
At a glance
- Cheaper overall (lower cost-of-living index): Akron, OH
- Lower rent (median 1BR/2BR): Lima, OH
- Lower home prices: Lima, OH
- Higher median household income: Akron, OH
Cost of Living Index
Lima, OH: 100 (U.S. = 100) · Akron, OH: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Lima, OH: $822/mo (midpoint of 1BR/2BR) · Akron, OH: $884/mo
Median rent in Akron, OH is $62/mo higher than in Lima, OH.
Median Home Price
Lima, OH: $95,900 · Akron, OH: $111,200
Median home price in Akron, OH is $15,300 higher than in Lima, OH.
Median Household Income
Lima, OH: $43,370 · Akron, OH: $48,544
Akron, OH has a higher median household income than Lima, OH by $5,174.
Lima, OH overview · Akron, OH overview · Popular comparisons