Housing costs in South Euclid?
A typical home costs
$148,800, which is 56.0% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in South Euclid 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 South Euclid?
To live comfortably in South Euclid, Ohio, a minimum annual income of
$28,440 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about South Euclid?
The cost of living in South Euclid, OH is relatively reasonable compared to other cities in the area. According to the most recent data from the US Census Bureau, the median home price is only around $75,000 and the median rent is very affordable at around $700 per month. The city also boasts some of the lowest sales tax rates in Ohio, at 6.75%. Additionally, utility costs are well below the national average due to its close proximity to large urban areas such as Cleveland and Akron. Finally, local food prices are generally quite low due to competition from surrounding grocery stores and restaurants. All things considered, South Euclid provides a great quality of life for residents without breaking their budgets.