Cleveland, Ohio has a cost of living approximately 10% below the national average, making it one of the most affordable major cities in the United States.

Quick Answer: Cleveland Cost of Living

Category Cleveland US Average Difference
Overall 90 100 -10%
Housing 68 100 -32%
Groceries 97 100 -3%
Utilities 96 100 -4%
Transportation 97 100 -3%
Healthcare 100 100 0%

Index: 100 = national average

Cleveland Housing Costs

Housing Type Monthly Cost
1-bedroom apartment (city center) $1,100-$1,500
1-bedroom apartment (outside center) $800-$1,100
2-bedroom apartment (city center) $1,400-$1,900
2-bedroom apartment (outside center) $1,000-$1,400
Median home price $185,000
Median rent $1,050

Cleveland Neighborhood Comparison

Neighborhood 1BR Rent Median Home Character
Downtown $1,300-$1,700 $250,000+ Urban, new development
Tremont $1,200-$1,600 $280,000 Artsy, restaurants
Ohio City $1,200-$1,600 $300,000 West Side Market, breweries
University Circle $1,100-$1,500 $350,000 Museums, Case Western
Lakewood $1,000-$1,400 $250,000 Walkable, diverse
Rocky River $1,300-$1,700 $350,000 Suburban, waterfront
Shaker Heights $1,200-$1,600 $280,000 Historic, good schools
Beachwood $1,400-$1,800 $400,000 Upscale, shopping

Monthly Expenses Breakdown

Expense Single Person Couple Family of 4
Rent (avg) $1,100 $1,400 $1,700
Utilities $125 $155 $190
Groceries $340 $580 $850
Transportation $290 $430 $530
Healthcare $210 $400 $620
Entertainment $160 $280 $420
Total $2,225 $3,245 $4,310

Salary Needed to Live in Cleveland

Lifestyle Single Couple Family of 4
Survival minimum $30,000 $45,000 $60,000
Comfortable $48,000 $75,000 $95,000
Living well $70,000+ $105,000+ $135,000+

Cleveland vs Other Cities

City Cost Index vs Cleveland
Cleveland 90
Cincinnati 92 +2%
Columbus 95 +6%
Pittsburgh 93 +3%
Detroit 88 -2%
Indianapolis 91 +1%
Chicago 107 +19%

Cleveland Income and Employment

Metric Value
Median household income $35,000
Average salary $52,000
Unemployment rate 5.5%
Top employer Cleveland Clinic

Top Industries in Cleveland

Industry Major Employers
Healthcare Cleveland Clinic, University Hospitals
Finance KeyBank, Progressive
Manufacturing Sherwin-Williams, Lincoln Electric
Education Case Western Reserve
Legal Jones Day (headquarters)

Cleveland Taxes

Tax Type Rate
Ohio state income tax 0%-3.75%
Cleveland city income tax 2.5%
Sales tax 8% (Cuyahoga County)
Property tax rate 2.3%

Is Cleveland a Good Place to Live?

Pros:

  • Extremely affordable housing
  • World-class healthcare (Cleveland Clinic)
  • Cultural institutions (museums, orchestra)
  • Great food scene
  • Lake Erie waterfront

Cons:

  • Cold, snowy winters
  • Higher city income tax
  • Declining population in some areas
  • Some neighborhoods struggling
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