Housing costs in Cleveland?
A typical home costs
$45,100, which is 86.7% less expensive than the national average of
$338,100 and 77.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cleveland costs
$810 per month, which is 17.3% cheaper than the national average of
$980 and 23.5% cheaper than the state average of
$1,000.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 44127), Ohio, a minimum annual income of
$8,640 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in 44127 Cleveland, OH is slightly higher than the national average. The median home value is around $76,400 which is higher than the national average of $184,700. The median rent in Cleveland is about $780 per month which is slightly lower than the U.S. median rent of $1,000. Groceries are at an average rate and utilities are a bit more expensive due to Cleveland's higher electricity costs. Moreover, transportation costs such as gas prices and public transport fares are relatively low compared to other parts of the country. All in all, living in 44127 Cleveland can be quite affordable for those looking for a comfortable lifestyle without breaking the bank.