CostIndexUSA

Akron, OH vs Tampa, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableOH
Akron
93.4
overall index
$1,225/mo rent
FL
Tampa
100.9
overall index
$1,975/mo rent

Akron is moderately cheaper than Tampa — 8.0% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $86,400 in Tampa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+63.8%
Akron
76.8
Tampa
125.8
🛒 Groceries+2.0%
Akron
93.6
Tampa
95.5
🚗 Transportation1.4%
Akron
103.9
Tampa
102.4
🏥 Healthcare1.4%
Akron
94
Tampa
92.7
Utilities8.2%
Akron
96.4
Tampa
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in Tampa, FL
$86,400
$6,400 more needed in Tampa

Formula: salary × (100.9 ÷ 93.4) = salary × 1.0803. 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×

Tampa, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

Tampa has 63.8% 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

Tampa, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
399,700
Top Industries
FinanceHealthcareTourismTechnologyLogistics

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)

Tampa, FL
3.1×income-to-rent ratio

67% 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.