Housing costs in Cincinnati?
A typical home costs
$188,900, which is 44.1% less expensive than the national average of
$338,100 and 4.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Cincinnati costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Cincinnati?
To live comfortably in Cincinnati (zip 45238), Ohio, a minimum annual income of
$36,360 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Cincinnati?
The cost of living in 45238 Cincinnati, OH is quite reasonable. The overall index for the area is 99.8 which is lower than the national average of 100, making this an affordable place to live. The median home price in this zip code is $172,000, and the median rental rate is $843 per month. Utilities are on par with other parts of Ohio, and the area enjoys a low crime rate, making it very safe for families. Groceries and transportation costs are also quite reasonable compared to many other cities in Ohio and across the country. Overall, 45238 Cincinnati offers a great value for anyone looking for a reasonably priced place to settle down.