salaryAkron is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Richmond to live the same way.
🏠 Rent per month
$1,129
$1,644
🛏️ 2-bedroom rent
$1,068
$1,520
💵 Families earn per year
$51,850
$69,657
🔑 Buying a house
$122,000
$353,000
📊 Overall prices (U.S. = 100)
93.4
97.9
🏛️ Property tax per year
$1,950
$3,150
⚡ Electric bill per month
$97
$141
👥 People living there
189,247
229,359
Commute to work
22.2 min
21.7 min
College degree
23.6%
45.6%
Own their home
50.7%
43.5%
Below poverty line
23.3%
18.2%
Unemployment
7.8%
5.7%
Bottom line
- Pick Akron for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Richmond for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Akron | Richmond | Difference |
|---|---|---|---|
| Dental Hygienist | $82,970 | $104,250 | +26% in Richmond |
| Software Developer | $105,430 | $132,120 | +25% in Richmond |
| Market Research Analyst | $66,000 | $81,660 | +24% in Richmond |
| Elementary School Teacher | $78,560 | $61,290 | -22% in Richmond |
| Electrician | $77,360 | $61,350 | -21% in Richmond |
| Police Officer | $74,650 | $62,720 | -16% in Richmond |
| Registered Nurse | $80,770 | $93,580 | +16% in Richmond |
| Carpenter | $61,070 | $51,870 | -15% in Richmond |
Frequently asked questions
Is Akron or Richmond cheaper to live in?
Akron is about 5% cheaper overall. Rent is $1,129 a month there versus $1,644 in Richmond.
What salary do I need in Richmond to match $60,000 in Akron?
About $62,884 a year gives the same standard of living in Richmond.
Where do people earn more, Akron or Richmond?
The typical household earns $51,850 in Akron and $69,657 in Richmond, 26% more in Richmond.