Housing costs in Cleveland?
A typical home costs
$52,600, which is 84.4% less expensive than the national average of
$338,100 and 73.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cleveland costs
$820 per month, which is 16.3% cheaper than the national average of
$980 and 22.0% cheaper than the state average of
$1,000.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 44103), Ohio, a minimum annual income of
$10,080 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in 44103 Cleveland, OH is generally quite affordable. In terms of overall index, the city ranks at a fairly average level when compared to other metropolitan areas. Housing costs are particularly reasonable for the area, making it possible to find a comfortable home without breaking the bank. Groceries and transportation also tend to be very reasonably priced. It's also worth noting that taxes in Ohio are usually less than in other states, so your overall expenses can be quite low here. With all these factors combined, living in 44103 Cleveland, OH can provide lifestyle options that might otherwise be out of reach in more expensive cities.