Akron is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Madison to live the same way.
🏠 Rent per month
$1,129
$1,723
🛏️ 2-bedroom rent
$1,068
$1,628
💵 Families earn per year
$51,850
$84,177
🔑 Buying a house
$122,000
$372,900
📊 Overall prices (U.S. = 100)
93.4
97.3
🏛️ Property tax per year
$1,950
$6,541
⚡ Electric bill per month
$97
$120
👥 People living there
189,247
278,001
Commute to work
22.2 min
19.4 min
College degree
23.6%
59.9%
Own their home
50.7%
46%
Below poverty line
23.3%
16.4%
Unemployment
7.8%
2.7%
Bottom line
- Pick Akron for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Madison for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Akron | Madison | Difference |
|---|---|---|---|
| Plumber | $63,450 | $85,160 | +34% in Madison |
| Operations Manager | $98,340 | $126,620 | +29% in Madison |
| Registered Nurse | $80,770 | $101,190 | +25% in Madison |
| Software Developer | $105,430 | $130,630 | +24% in Madison |
| Dental Hygienist | $82,970 | $100,340 | +21% in Madison |
| Elementary School Teacher | $78,560 | $63,690 | -19% in Madison |
| Cashier | $29,480 | $34,550 | +17% in Madison |
| Retail Salesperson | $31,060 | $35,830 | +15% in Madison |
Frequently asked questions
Is Akron or Madison cheaper to live in?
Akron is about 4% cheaper overall. Rent is $1,129 a month there versus $1,723 in Madison.
What salary do I need in Madison to match $60,000 in Akron?
About $62,517 a year gives the same standard of living in Madison.
Where do people earn more, Akron or Madison?
The typical household earns $51,850 in Akron and $84,177 in Madison, 38% more in Madison.