Housing costs in Cincinnati?
A typical home costs
$256,500, which is 24.1% less expensive than the national average of
$338,100 and 30.2% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45230), Ohio, a minimum annual income of
$49,320 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45230 Cincinnati, OH is quite reasonable. The area has an overall cost of living index of 91.6, which is slightly lower than the national average. Housing costs are especially low with an index of 81.1, making it an attractive option for those looking for more affordable accommodations. Grocery expenses are also relatively low compared to other areas at 87.3 while transportation costs average 96.9 and healthcare comes in at 102.8, both of which are slightly above the national averages. All in all, 45230 Cincinnati is a great location for those looking for a place to live with a low cost of living that can still provide access to all the amenities offered by the city.