Cost of Living in Cincinnati, OH
Cost of Living in Cincinnati, OH | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 4% higher | 19% lower |
Utilities (Monthly) | 6% lower | 13% lower |
Food | 6% lower | 6% lower |
Healthcare | 1% higher | 2% lower |
Transportation | 6% higher | 4% higher |
Goods & Services | 3% higher | 1% higher |
The cost of living in Cincinnati, OH is 1% higher than the state average and 7% lower than the national average. Cincinnati, OH housing is 19% cheaper than the U.S average, while utilities are about 13% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 1% more in Cincinnati, OH than in the rest of the country, while clothing costs around 1% more .
Healthcare services such as doctor check-ups and dentistry cost 2% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% pricier in Cincinnati, OH.
Housing (Buy and Rent)
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 $1,200, while home prices circle around $302,986.
Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Cincinnati, energy bills cost around $132.86 per month.
Food
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 $1.44 in Cincinnati, a dozen eggs go for around $1.10 and a pound of potatoes circles around $3.61.
Healthcare
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 $100.73, while a dentist appointment is priced $101.28 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.35 in Cincinnati, while getting your tires balanced will run you about $55.80.
Goods & Services
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 $30.17 here. Meanwhile, a pair of women's slacks will set you back around $33.39.
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 $12.45 a month. When it comes to personal services, a haircut usually goes for $20.84, while dry cleaning costs about $13.70.
Income
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 $42,663.