Housing costs in Cleveland?
A typical home costs
$142,900, which is 57.7% less expensive than the national average of
$338,100 and 27.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cleveland costs
$1,110 per month, which is 13.3% more than the national average of
$980 and 9.9% more than the state average of
$1,000.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 44115), Ohio, a minimum annual income of
$27,360 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in 44115 Cleveland, OH is slightly higher than the national average. According to the Cost of Living Index for 2019, it is around 3% higher than the country as a whole. Housing costs are a major factor in this increase, as median rent for an area such as 44115 can be substantially more expensive compared to other parts of the U.S., especially if you’re looking for something close to downtown Cleveland. Other costs such as utilities and groceries are also higher than many other areas across the country, and transportation costs can be quite pricey due to high fuel prices and tolls. All in all, living in 44115 may come with a slightly elevated cost of living, but with great amenities like the cultural center downtown and plenty of places to shop and dine out nearby, it can make up for the added expense.