Housing costs in Cincinnati?
A typical home costs
$98,300, which is 70.9% less expensive than the national average of
$338,100 and 50.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$950 per month, which is 3.1% cheaper than the national average of
$980 and 14.7% cheaper than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45214), Ohio, a minimum annual income of
$18,720 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45214 Cincinnati, OH is relatively affordable compared to other parts of the country. The median home price in the area is $112,900, significantly lower than the national average of $226,800. Rent prices are also comparable to the national average with a median rate of $836 per month for a two-bedroom apartment. Food costs are also quite reasonable with groceries costing 8.9% below the national average. However, transportation costs may be higher as public transit fares are above average and gasoline prices are competitive with other cities around the nation. All in all, 45214 Cincinnati provides an affordable living situation for individuals and families alike looking for a place to call home.