Salary Needed to Live in Akron as a Family

A family of four (2 adults, 2 children) needs approximately $105,010/year to live comfortably in Akron, OH, including 15% savings.

Direct Answer

A family with kids needs about $105,010/year to live comfortably in Akron, OH. The bare-minimum salary is $83,724/year, but the comfortable figure includes a 15% savings target and a monthly after-tax budget of $6,306.

The minimum scenario leaves about $5,163/mo after tax and no planned savings. The comfortable scenario uses $8,751/mo gross pay to cover expenses, taxes, and a savings buffer.

Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$105,010
with 15% savings
Bare Minimum
$83,724
$6,977/mo gross, no savings buffer
Monthly Expenses
$5,163
27% below national avg

Detailed Monthly Budget for a Family in Akron

ExpenseAkronNat'l AvgDiff
3BR Apartment/House Rent$1,258$2,509-50%
Groceries$706$528+34%
Utilities$242$337-28%
Transportation$415$526-21%
Car Insurance$162$211-23%
Health Insurance$423$630-33%
Childcare/After-school$1,008$1,200-16%
Internet + Phones$151$180-16%
Children Activities$210$250-16%
Dining Out$294$350-16%
School Supplies & Clothing$168$200-16%
Healthcare Co-pays$126$150-16%
Total Monthly$5,163$7,071-27%

How We Calculated the Salary

Monthly expenses:$5,163
Target savings (15%):$1,143/mo
Monthly after-tax needed:$6,306
Effective tax rate:26%

Gross annual salary needed:$105,010

What Drives the Salary Number?

Housing
$1,258

3BR Apartment/House rent is 24% of this monthly budget.

Taxes
26%

Estimated federal plus OH state tax reserve used to convert take-home needs into gross salary.

Savings target
15%

$1,143/mo is reserved for savings so the salary is not just break-even.

Local index
84/100

Akron is below the national baseline; the model adjusts baseline spending by local rent and cost data.

Compare Salary Needed in Nearby midwest Cities

Dayton, OH
$105,092/yr
$82 more than Akron
Springfield, MO
$101,085/yr
$3,925 less than Akron
Evansville, IN
$103,810/yr
$1,200 less than Akron
South Bend, IN
$105,356/yr
$346 more than Akron

Salary Planning Checklist

  1. Keep 3br apartment/house housing near $1,258/mo or adjust the salary target upward.
  2. Budget $1,957/mo for persona-specific costs such as Childcare/After-school and Internet + Phones.
  3. Use $83,724/year as the survival floor and $105,010/year as the healthier negotiation target.

Other Household Types in Akron

Single Person
$45,975/yr
$2,452/mo expenses
Couple (No Kids)
$60,794/yr
$3,141/mo expenses
Retiree
$43,600/yr
$2,507/mo expenses

Related Pages

Living Alone in AkronCity OverviewRent in AkronMonthly BudgetAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Akron?
A family with kids needs approximately $105,010/year ($8,751/month gross) to live comfortably in Akron with a 15% savings rate.
How much is rent for a family with kids in Akron?
A 3br apartment/house in Akron costs approximately $1,258/month, which is the largest single expense at 24% of the total budget.
Is Akron affordable for a family with kids?
Yes, Akron is 27% more affordable than the national average for a family with kids.
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