Cost of living in Cincinnati
Cincinnati, located in the state of Ohio, is a vibrant city known for its rich history and cultural diversity. Understanding the cost of living in Cincinnati is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $57.5, with prices ranging from $44 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $8 and $10.99.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $9, imported beer $5 to $12, cappuccino $2 to $6, and Coke/Pepsi $1.5 to $5.42.
Grocery Prices
- Milk - Milk is priced between $0.59 and $0.97 per liter, averaging $0.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $4.96, with an average price of $2.87.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $3.39, averaging $2.77.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.93 to $8.8 per kg, while oranges range from $1 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $3.06 per kg, and lettuce costs $1.3 to $1.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2, with a monthly pass priced between $70 and $90.
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.95 per liter.
- Taxi Fares - Taxi fares start at $3.75, with a cost of $1.24 to $1.4 per km and $25 to $30 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $1900, averaging $1510.56.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $850 to $1500, averaging $1046.44.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2000 to $3885, averaging $2892.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $2500, averaging $1759.44.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1916 to $6996.54, averaging $3770.85.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1916 to $4843.76, averaging $2891.92.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $80.64 and $240, averaging $137.92.
- Internet - Internet services range from $45 to $85, with an average cost of $58.54.
Cost of Living Rankings
Cincinnati ranks 42nd on the Cost of Living rankings in United States. The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Cincinnati offers a relatively affordable cost of living compared to other major U.S. cities. Housing costs are moderate, with a variety of options available both in the city centre and outside.
Dining out can be economical, especially at casual restaurants, while transportation costs are reasonable with efficient public transit options.
Grocery prices are competitive, making it easier to manage monthly expenses. Utilities and internet services are also reasonably priced, contributing to an overall balanced cost of living.
Conclusion
In conclusion, Cincinnati provides a balanced cost of living that caters to a wide range of budgets. Whether you're looking for affordable housing, dining, or transportation, the city offers a variety of options.
With its competitive grocery prices and reasonable utility costs, Cincinnati is an attractive option for individuals and families seeking a cost-effective lifestyle in a vibrant urban setting.