Housing costs in Loveland?
A typical home costs
$348,700, which is 3.1% more expensive than the national average of
$338,100 and 77.0% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Loveland costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 32.9% more than the state average of
$980.
Can I afford Loveland?
To live comfortably in Loveland (zip 45140), Ohio, a minimum annual income of
$66,960 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Loveland?
The cost of living in 45140 Loveland, OH is quite reasonable when compared to the national average. According to BestPlaces, the cost-of-living index for Loveland is approximately 5 points lower than the national average. This means that residents in this area can generally expect to pay less for basic necessities such as groceries, housing, and utilities. The median home value in this zip code is approximately $280,000 which is slightly higher than the national average. However, the median household income is also higher than most other cities and towns in Ohio at an estimated $88,000 annually. All in all, Loveland is a great place to live because it offers a high quality of life without breaking the bank.