The cost of living in Cincinnati, OH is 6% higher than the state average and 3% lower than the national average. Cincinnati, OH housing is 15% cheaper than the U.S average, while utilities are about 1% less pricey.Cincinnati has a rich cultural heritage that is a source of pride for its residents. The city's historic architecture, the Cincinnati Symphony Orchestra, Music Hall, the exceptional world class restaurants and its unique art scene all come together to make Cincinnati an extraordinary place to live.Here are some key factors to consider: Cost of Living: Cleveland and Cincinnati have a lower cost of living compared to Pittsburgh and Columbus, but all four cities are generally considered to be affordable places to live.
What are the benefits of living in Cincinnati : What Are the Pros of Living in Cincinnati, Ohio
- Booming Job Market. The city's thriving job market is often a top consideration.
- Low Cost of Living.
- Rich Cultural Amenities.
- Outdoor Adventurer's Paradise.
- Thriving Food Scene.
- Beautiful Architecture.
- Diverse Mix of Neighborhoods.
- Excellent Educational System.
What is a good salary in Cincinnati
Average Salary in Cincinnati, OH. $41,728 is the 25th percentile. Salaries below this are outliers. $72,704 is the 75th percentile.
Is 50k a good salary in Cincinnati : A good salary in Cincinnati, OH is anything over $46,000. That's because the median income in Cincinnati is $46,000, which means if you earn more than that you're earning more than 50% of the people living in Cincinnati. The average salary in Cincinnati is $54,125. A good hourly wage in Cincinnati is $22.12 per hour.
Living Wage Calculation for Cincinnati, OH
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $19.77 | $33.75 |
| Poverty Wage | $7.24 | $12.41 |
| Minimum Wage | $10.45 | $10.45 |
According to a recent ranking from New American Economy (NAE), a New York-based bipartisan research and immigration advocacy organization, Cincinnati is the #18 most immigrant-friendly city in the U.S.
How much does it cost to live comfortably in Cincinnati
What is a good salary in Cincinnati The U.S. Census Bureau reports that the median salary in Cincinnati is $45,235. If you want to spend the recommended 30% of your income on rent, you will need to earn $32,920 to live in a one-bedroom apartment that costs $823 in Cincinnati.Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Required annual income after taxes | $35,296 | $50,640 |
| Annual taxes | $5,820 | $7,297 |
| Required annual income before taxes | $41,117 | $57,937 |
120k salary in the 3 C's is good but not stellar. You can live quite comfortably and build savings as a single.
As of January 2022, Cincinnati's crime rates were at a 10-year low. The rates for both violent crimes and property crimes in Cincinnati are below the national average. Much of the crime in Cincinnati is concentrated in certain neighborhoods—and only one of those is an area that tourists are likely to visit.
Is Cincinnati or Cleveland safer : Residents living in Cleveland have a 1 in 17 chance of being a victim of crime. The crime rate in Cincinnati is slightly better at about 107% higher than the national average with violent crime about 123% higher. There is an estimated 1 in 20 chance of becoming a victim of crime in Cincinnati.
Is $200,000 a good salary in Ohio : Ohio. Take-home pay is in the top-third in Ohio for top earners, where a $200,000 earner can expect to take home over $143,000. Ohioans earning $200,000 will be in the 3.99% state income tax bracket.
Is Cincinnati a clean city
Particle Pollution in Cincinnati
The metro area slightly improved for its year-round levels of particle pollution in 2018-2020, with the ranking also slightly improving to the 12th most polluted city in the nation.
Here are the 10 safest cities in Ohio for 2024
- Broadview Heights.
- New Philadelphia.
- Hamilton Township, Warren County.
- Olmsted Township.
- Montville Township.
- Bay Village.
- Willowick.
- Brecksville.
The benchmark to be considered among the top 1% of earners varies by state. In Ohio, for example, you'd need an income of at least $460,000.
What is a livable salary in Ohio : Living wage change from 2018 to 2022 for single adults
The minimum wage in Ohio was $8.30 in 2018, resulting in an annual wage of $17,264, or a deficit of approximately $3,099 to $5,740 in living wage. In 2022 however, the living wage for a single adult was calculated to range between $30,742 to $34,923 annually.