Cost of Living in Cincinnati

Ohio · Population: 311,224 · Updated 2026

Below Average
Cost Index
95.4
100 = US avg
Median Income
$53K
Annual household
Median Rent
$1,001/mo
2-bedroom unit
Rent Burden
23%
Income to rent ratio
Cost Category Breakdown

Indexed to national average (100)

Housing58.9
Groceries100.0
Utilities100.0
Transportation100.0
Healthcare100.0
Economic Details
Median Home Value$231K
State Income Tax3.99%
Unemployment Rate3.6%
Est. Net Income$51K/yr
Affordability Score
102
out of 100
Below national average cost
Salary Converter for Cincinnati

See what salary you'd need in another city to match your purchasing power in Cincinnati.

$75,000

About Cincinnati

Cincinnati is a charming Ohio River city with a strong manufacturing, healthcare, and consumer goods sector. Procter & Gamble and many Fortune 500 companies call Cincinnati home.

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Frequently Asked Questions

Is Cincinnati expensive?

Cincinnati has a cost of living index of 95.4, where 100 represents the national average. This is close to the national average.

What salary do you need to live comfortably in Cincinnati?

Based on a rent-to-income ratio of 30%, you'd need at least $40,040 to afford the median 2-bedroom apartment in Cincinnati and maintain basic expenses.

What is the median rent in Cincinnati?

The median 2-bedroom rent in Cincinnati is $1,001 per month, according to HUD Fair Market Rent data.