Housing costs in Cincinnati?
A typical home costs
$175,600, which is 48.1% less expensive than the national average of
$338,100 and 10.9% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$930 per month, which is 5.1% cheaper than the national average of
$980 and 17.2% cheaper than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45224), Ohio, a minimum annual income of
$33,480 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45224 Cincinnati, OH is quite reasonable relative to many other cities and states. The average monthly rent for a one-bedroom apartment in the city is around $1,149, while two-bedrooms start at just over $1,350. Food costs are also quite affordable, with an average grocery bill of about $289 per month. Utilities are also relatively inexpensive; electricity averages around $130 per month while water can cost as low as $14 monthly. In short, 45224 Cincinnati provides cost-conscious families with an array of affordable resources and options that make it a great place to call home.