Cost of Living: Cincinnati, OH vs Phoenix, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cincinnati | Phoenix |
|---|---|---|
| Housing Index | 90.5 | 115.0 |
| Median Home Price | $226,500 | $358,200 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1450 | $1840 |
Housing Comparison: Cincinnati vs Phoenix
- The median home price in Phoenix is higher at $358,200, compared to $226,500 in Cincinnati.
- In Phoenix, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in Cincinnati.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cincinnati | Phoenix |
|---|---|---|
| Electricity Price | $15.92 | $15.14 |
| Natural Gas Price | $Data is updating | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cincinnati vs Phoenix
- Electricity costs are higher in Cincinnati at $15.92 per kWh, compared to $15.14 in Phoenix.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Cincinnati and Phoenix averaging $250.