Housing costs in Cleveland?
A typical home costs
$203,700, which is 39.8% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cleveland costs
$1,180 per month, which is 20.4% more than the national average of
$980 and 15.3% more than the state average of
$1,000.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 44114), Ohio, a minimum annual income of
$38,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in 44114 Cleveland, OH is relatively affordable. According to BestPlaces's 2020 Cost of Living Index, it is estimated that living expenses in this zip code are approximately 8% lower than the national average. Groceries and restaurant meals are also reasonably priced, with an overall cost of grocery items 5% lower than the national average. Along with relatively low costs for essentials such as food, rent and utilities are also fairly affordable. The median rent price for a one-bedroom apartment is $800 while the median listing price for a home falls around $88,000. All in all, 44114 Cleveland offers an affordable cost of living for its residents.