Housing costs in Cincinnati?
A typical home costs
$143,200, which is 57.6% less expensive than the national average of
$338,100 and 27.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$900 per month, which is 8.2% cheaper than the national average of
$980 and 21.1% cheaper than the state average of
$1,090.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45232), Ohio, a minimum annual income of
$27,360 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45232 Cincinnati, OH is generally affordable for most people. The median household income in the area is around $51,400, which is slightly below the national average. The median home price is also lower than the national average at just under $180,000. Rent for a one-bedroom apartment averages around $900 per month and utilities are slightly higher than the national average. Despite this, goods and services remain relatively affordable compared to other parts of the country.