Housing costs in Cincinnati?
A typical home costs
$376,400, which is 11.3% more expensive than the national average of
$338,100 and 91.1% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$1,250 per month, which is 27.6% more than the national average of
$980 and 12.8% more than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45226), Ohio, a minimum annual income of
$72,000 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45226 Cincinnati, OH is quite reasonable compared to other metropolitan areas. The median home price is around $163,500, which is lower than the national average. Renting also remains competitive with a one-bedroom apartment costing around $785 per month. Transportation costs are also quite low as the area has multiple bus and rail lines operated by Metro. Groceries and other basic necessities remain fairly cheap as well, making this a great place to live for those on a budget.