Cost of Living in Cincinnati, OH
Cincinnati has a cost of living index of 90 (100 = national average), making it more affordable than the national average. The median household income is $44,017 and the median home price is $220,000.
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Cincinnati at a Glance
Population
309,317
Cost of Living Index
90
Median Income
$44,017
Median Home Price
$220,000
Property Tax Rate
1.58%
Sales Tax Rate
7.00%
Rent Index
78
State
Ohio
Living in Cincinnati
Cincinnati offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $220,000 is well within reach for many families.
The combined sales tax rate in Cincinnati is 7.00%, and the effective property tax rate is 1.58%. Property taxes are above the national average, which is an important consideration for homebuyers.