Housing costs in Cincinnati?
A typical home costs
$171,700, which is 49.2% less expensive than the national average of
$338,100 and 12.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45231), Ohio, a minimum annual income of
$32,760 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45231 Cincinnati, OH is relatively affordable. According to BestPlaces.net, the cost of living index is 84.1 with the U.S. average being 100. Housing costs are 8% lower than the national average, while grocery, healthcare, and utilities costs are slightly lower than the average. The median home price in 45231 is $178,000 with rent prices averaging around $862 per month for a 2 bedroom apartment. Overall, 45231 offers an affordable place to live that is well below the national average.