Cost of Living in Cleveland heights, OH
Housing
The housing market plays a significant role in determining the cost of living in Cleveland heights, OH.
- Housing Index: Data is updating
- Median Home Price is: $208,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the provided data for Cleveland heights, OH, the housing market appears to be quite inviting, with a median home price of 208000 suggesting affordability. However, the housing index and average rent for both a 2-bedroom apartment and house being at zero indicates either a stagnation in the rental market or the unavailability of reliable data. This might reflect an opportunity for potential buyers, given the affordable median price, yet it also raises concerns about resale value and rental demand if you're looking for investment benefits. Researching further into local amenities and market trends would enhance your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cleveland heights, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Cleveland heights, 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 data unavailable 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 Cleveland heights is a financially viable option for your relocation.