CostIndexUSA

Akron, OH vs Billings, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostOH
Akron
93.4
overall index
$1,225/mo rent
MT
Billings
93.5
overall index
$1,400/mo rent

Akron and Billings have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+0.8%
Akron
76.8
Billings
77.4
🛒 Groceries+2.6%
Akron
93.6
Billings
96
🚗 Transportation≈ Equal
Akron
103.9
Billings
103.7
🏥 Healthcare≈ Equal
Akron
94
Billings
93.8
Utilities24.9%
Akron
96.4
Billings
72.4

Salary Equivalency Calculator

Enter your current salary in Akron to see what you'd need to earn in Billings to maintain the same purchasing power.

$
Equivalent salary in Billings, MT
$80,100
$100 more needed in Billings

Formula: salary × (93.5 ÷ 93.4) = salary × 1.0011. Based on BEA Regional Price Parities.

Housing Market

Akron, OH

Median Home Price
$225,000
Median Monthly Rent
$1,225
Housing Index
76.8
Price-to-Rent Ratio
15.3×

Billings, MT

Median Home Price
$392,000
Median Monthly Rent
$1,400
Housing Index
77.4
Price-to-Rent Ratio
23.3×

Billings has 0.8% higher housing costs compared to Akron.

Income & Job Market

Akron, OH

Median Household Income
$70,100
Per Capita Income
$40,000
Unemployment Rate
4.2%
Population
190,469
Top Industries
ManufacturingHealthcareEducationTechnologyFinance

Billings, MT

Median Household Income
$70,800
Per Capita Income
$40,400
Unemployment Rate
3.2%
Population
117,116
Top Industries
EnergyHealthcareRetailAgricultureManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Akron, OH
4.8×income-to-rent ratio

79% of income left after rent (median)

Billings, MT
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.