Housing costs in Cincinnati?
A typical home costs
$312,500, which is 7.6% less expensive than the national average of
$338,100 and 58.6% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$870 per month, which is 11.2% cheaper than the national average of
$980 and 25.3% cheaper than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45203), Ohio, a minimum annual income of
$59,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45203 Cincinnati, OH is generally considered to be slightly higher than the national average. The median home price in this area is around $172,500, which is significantly higher than the national average of approximately $200,000. Renters can expect to pay an average of $1,136 for a two bedroom apartment in this area. Utility costs such as electricity and gas are also higher than the national average but are still within reasonable means for many people. Groceries and other necessities are comparable to or slightly higher than the national averages as well. Overall, 45203 Cincinnati may be slightly pricier than most other areas but it still has plenty to offer those who live there.