Peoria vs Akron for Families (2026)
Scroll down for childcare estimates, home price-to-income ratios, and FAQ.
Full family cost breakdown
| Metric | Peoria Illinois | Akron Ohio |
|---|---|---|
| Studio rent / month | $850Better | $950 |
| 2BR rent / month | $1,400Better | $1,550 |
| Median home price | $175KBetter | $205K |
| Median household income | $50KBetter | $50K |
| Est. childcare / month | $1,079Better | $1,092 |
| State income tax | 5% | 3.5%Better |
| Sales tax (combined) | 8.5% | 7.2%Better |
| Monthly utilities | $158Better | $162 |
| Groceries index (US = 100) | 95Better | 96 |
Frequently asked questions
Which city is better for raising a family — Peoria or Akron?
Based on housing costs, income, taxes, and overall affordability, Peoria scores better for families. 2-bedroom rent is $1,400/mo in Peoria vs $1,550/mo. Peoria is approximately 1% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.
What is the average 2-bedroom rent in Peoria vs Akron?
As of Q1 2026, median 2BR rent is $1,400/month in Peoria and $1,550/month in Akron. Peoria is 10% cheaper for a family-sized apartment.
Can a family afford to buy a home in Peoria or Akron?
The price-to-income ratio in Peoria is 3.5× ($175K median home, $50K median income). In Akron it's 4.1× ($205K home, $50K income). A ratio below 3× is generally considered affordable — Peoria is more achievable for first-time family homebuyers.
How much does childcare cost in Peoria vs Akron?
Estimated infant/toddler childcare runs approximately $1,079/month in Peoria and $1,092/month in Akron, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$156/year.
Which city has lower taxes for families?
Peoria has a 5% state income tax rate vs Akron's 3.5% rate. For a dual-income family earning $120K combined, that difference is roughly $150/month in take-home pay.
$100K in Peoria has the same purchasing power as $101K in Akron
Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026