CostIndexUSA

Akron, OH vs El Paso, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OH
Akron
93.4
overall index
$1,225/mo rent
More AffordableTX
El Paso
89.9
overall index
$1,500/mo rent

El Paso is slightly cheaper than Akron — 3.7% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $77,000 in El Paso. Calculate your salary ↓

Category Breakdown

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

🏠 Housing7.3%
Akron
76.8
El Paso
71.2
🛒 Groceries≈ Equal
Akron
93.6
El Paso
93.8
🚗 Transportation2.7%
Akron
103.9
El Paso
101.1
🏥 Healthcare2.8%
Akron
94
El Paso
91.4
Utilities14.3%
Akron
96.4
El Paso
82.6

Salary Equivalency Calculator

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

$
Equivalent salary in El Paso, TX
$77,000
$3,000 less needed in El Paso

Formula: salary × (89.9 ÷ 93.4) = salary × 0.9625. 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×

El Paso, TX

Median Home Price
$226,000
Median Monthly Rent
$1,500
Housing Index
71.2
Price-to-Rent Ratio
12.6×

Akron has 7.3% lower housing costs compared to El Paso.

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

El Paso, TX

Median Household Income
$59,000
Per Capita Income
$33,600
Unemployment Rate
4.2%
Population
678,815
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

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)

El Paso, TX
3.3×income-to-rent ratio

69% 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.