Wondering how far your dollar stretches in Canton compared to Akron? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.
| Canton | Metric | Akron | Difference |
|---|---|---|---|
| 80 | Cost of Living Index | 83 | +3.8% |
| $145,000 | Median Home Price | $155,000 | +6.9% |
| $800 | Median Monthly Rent | $820 | +2.5% |
| $42,500 | Median Household Income | $50,800 | +19.5% |
| 1.6% | Property Tax Rate | 1.6% | +0.0% |
| 4.5% | Unemployment Rate | 5.0% | +11.1% |
| 22 min | Average Commute | 22 min | +0.0% |
| 38.5 | Median Age | 36.6 | -4.9% |
| 400,000 | Metro Population | 700,000 | +75.0% |
Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.
Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.
Buying a home in Canton costs $969/month (PITI) compared to $1,036/month in Akron — a difference of $67/month or $804/year. The price-to-income ratio is 3.4x in Canton versus 3.1x in Akron, suggesting Akron is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 4.5 years to save a down payment in Canton compared to 4.1 years in Akron.
Estimated on each city's median household income, single filer, standard deduction, 2025 rates.
| Tax Category | Canton | Akron |
|---|---|---|
| Gross Income | $42,500 | $50,800 |
| State Income Tax | $386 | $615 |
| Federal Income Tax | $2,971 | $3,967 |
| FICA (SS + Medicare) | $3,251 | $3,887 |
| Property Tax (on median home) | $2,320/yr | $2,480/yr |
| State Sales Tax Rate | 5.8% | 5.8% |
| Total Tax Burden | $6,608 (15.5%) | $8,469 (16.7%) |
| Take-Home Pay | $35,892 | $42,331 |
On median household income, total taxes (federal + state + FICA) come to $6,608 in Canton (15.5% effective) versus $8,469 in Akron (16.7% effective). After taxes, take-home pay is $35,892 in Canton and $42,331 in Akron. Property taxes add $2,320/year on the median Canton home versus $2,480/year in Akron.
These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $42,500 in Canton (COL 80) and relocate to Akron (COL 83), you would need $44,094 to maintain the same purchasing power. This means you would need a raise of $1,594 to maintain the same standard of living in Akron.
Beyond costs, quality of life matters. The average commute in Canton is 22 minutes versus 22 minutes in Akron, a difference of 0 minutes each way. Canton's lower unemployment rate of 4.5% versus 5.0% suggests a stronger job market. Canton skews slightly older with a median age of 38.5 vs 36.6 in Akron.
Akron is 3.8% more expensive than Canton overall. Akron has a cost of living index of 83 compared to 80 for Canton (national average = 100). The biggest difference is housing: the median home costs $155,000 in Akron vs $145,000 in Canton.
The median home price in Akron is $155,000, which is $10,000 more than Canton's median of $145,000. Monthly rent follows a similar pattern: $820/month in Akron vs $800/month in Canton, a difference of $20/month or $240/year.
To maintain the same standard of living, a $42,500 salary in Canton is equivalent to $44,094 in Akron. This is based on the cost of living index ratio: Canton's COL index of 80 vs Akron's 83. Conversely, $50,800 in Akron equals $48,964 in Canton.
On a median household income, the combined federal, state, and FICA tax burden is $6,608 (15.5% effective rate) in Canton vs $8,469 (16.7% effective rate) in Akron. Property taxes on the median home are $2,320/year in Canton (1.6% rate) vs $2,480/year in Akron (1.6% rate). Sales tax rates are 5.8% in Ohio and 5.8% in Ohio.
Canton median household income: $42,500/yr. Akron median household income: $50,800/yr (Census ACS).
Median monthly rent: $800 in Canton vs $820 in Akron. Annualized that is $9,600 vs $9,840.
Canton offers a lower cost of living (index 80 vs 83), which lets remote-workers keeping a coastal salary stretch further. Akron typically wins on amenities and labor-market depth.
Canton and Akron numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.
Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.
No. The Canton vs Akron cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.
Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].
COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.
Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.
Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.
Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.
Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].
Last reviewed is computed from the maximum retrievedAt across every source this page consumes.
City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed .