Cost of Living in Cincinnati, OH
Cost of Living in Cincinnati, OH | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 7% higher | 14% lower |
Utilities (Monthly) | 2% higher | - |
Food | 2% higher | 2% higher |
Healthcare | 4% higher | 1% higher |
Transportation | 2% lower | 1% higher |
Goods & Services | 6% higher | 2% higher |
The cost of living in Cincinnati, OH is 4% higher than the state average and 3% lower than the national average. Cincinnati, OH housing is 14% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 2% pricier in Cincinnati, OH than in the rest of the country, while clothing costs around 2% more .
Healthcare services such as doctor check-ups and dentistry cost 1% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% pricier in Cincinnati, OH.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Cincinnati is $1,424, while home prices circle around $423,281.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Cincinnati, energy bills cost around $200.81 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.82 in Cincinnati, a dozen eggs go for around $4.03 and a pound of potatoes circles around $4.95.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Cincinnati, an optometry check-up costs around $103.44, while a dentist appointment is priced $104.19 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.15 in Cincinnati, while getting your tires balanced will run you about $69.68.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $47.29 here. Meanwhile, a pair of women's slacks will set you back around $36.18.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Cincinnati, you should budget around $14.12 a month. When it comes to personal services, a haircut usually goes for $25.35, while dry cleaning costs about $14.05.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Cincinnati, the median household income is $51,707.