Housing costs in Cincinnati?
A typical home costs
$106,700, which is 68.4% less expensive than the national average of
$338,100 and 45.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$960 per month, which is 2.0% cheaper than the national average of
$980 and 13.5% cheaper than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45204), Ohio, a minimum annual income of
$20,520 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45204 Cincinnati, OH is quite affordable compared to other nearby cities. The median household income in this area is around $43,846, while the median home value is about $176,400. This means that housing costs are relatively low and therefore offer more affordability when it comes to day-to-day expenses. Additionally, groceries and utilities tend to be cheaper than average when compared to other places in the state, making this an ideal location for anyone looking to save money on everyday expenses.