Cost of Living in Cincinnati, OH
Housing
The housing market plays a significant role in determining the cost of living in Cincinnati, OH.
- Housing Index: 90.5 / 100
- Median Home Price is: $226,500
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1450 per month
Considering a move to Cincinnati, OH? With a housing index of 90.5, it appears to be a reasonably affordable option compared to national averages. The median home price is 226500, which is quite approachable for first-time buyers. If renting is more appealing, expect an average of 1400 for a two-bedroom apartment and 1450 for a two-bedroom house. Exploring neighborhood amenities and local economic conditions can further enhance your decision-making as you consider your housing options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cincinnati, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Cincinnati, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Cincinnati is a financially viable option for your relocation.