Housing costs in Cincinnati?
A typical home costs
$250,200, which is 26.0% less expensive than the national average of
$338,100 and 27.0% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Cincinnati?
To live comfortably in Cincinnati O Metro Area, Ohio, a minimum annual income of
$47,880 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in Cincinnati, OH Metro Area is well below the US average. The Metro Area has a cost of living index of 90.6, which is significantly lower than the US average of 100. This means that residents of this area have access to more affordable housing than other areas in the country, as evidenced by the median house value of $250,200, which is much lower than the national average of $338,100. Additionally, other costs such as groceries and utilities are likely to be lower than most other areas in the US.