Cost of Living in Cleveland, OH 2022
Situated on the banks of Lake Erie, Cleveland is known for its vibrant art and culture scene, musical history, healthcare industry, and loyal sports fans. Its downtown is undergoing a resurgence, with surrounding neighborhoods boasting award-winning restaurants, pubs, and music venues. Living in Cleveland also comes with an affordable price tag for all of the urban amenities it offers.
Cleveland isn't growing as fast as other urban areas, though the job market increased by 1.0% over the last year. The next decade is predicted to see a job market rise of 21.4%, which is lower than the US average of 33.5%. Depending on who you ask, the rate of growth is just right. You can still live an affordable lifestyle and find more apartment options in Cleveland's trendiest neighborhoods, especially compared to areas like Chicago.
If you're unsure how to figure out Cleveland's cost of living, don't worry, we did all the research for you. Here's a convenient guide outlining the costs to help you figure out whether or not moving to Cleveland is the right choice for you and your finances.
Cleveland Housing Costs
Housing costs and rent will probably account for your most significant expenses when determining the cost of living in Cleveland. Although Cleveland is the third-largest third largest city in Ohio, it's among one of the cheapest metropolitan areas to live in.
According to our Apartment List Renter Migration Report, people are moving to Cleveland from Akron and Columbus. There are also residents moving from out of state, probably to flee the high cost of living in New York City. Newcomers find education opportunities at Cleveland State University and Case Western Reserve University. Major employers include Cleveland Clinic, University Hospitals, Progressive Insurance, and the US Federal Government.
Despite Cleveland's slow and steady growth, the city's rents are still reasonable. Cleveland rents are up by 7.9% compared to the same time last year. Currently, the average rent in Cleveland is $650 for a one-bedroom and $829 for a two-bedroom, which is a steal compared to the rising rents in areas like Chicago and New York City.
Finding the Best Cleveland Apartment for You
If you're uncertain about a neighborhood, consider a month-to-month apartment before making a long-term 12 month commitment. If it's your first time renting or if you don't have a high credit score, consider no credit check apartments. Lastly, if you prefer to rent from the owner of an apartment and have a more personal relationship with them rather than property managers, consider a for rent by owner apartment.
Cleveland is primarily a driving town. Single adults should expect to spend $5,149 on transportation annually. If you are a family of two full-time employed adults and a child, you will pay $11,753 a year to get around town.
Cleveland's public transportation system is another option if you want to reduce your reliance on a car. The RTA also connects the city with rail, bus trolley, and Park & Ride opportunities. One-way cash fares start at $2.50, with pre-paid options available for $95 per month. The Cleveland Metroparks system also offers extensive paths for biking, jogging, and taking a stroll.
Cleveland Food Costs
According to the MIT estimates, a single full-time employed adult living in Cleveland that cooks their meals (including snacks) will spend approximately $3,246 per year on food. Cleveland is known for its "foodie-friendliness" and authentic Pierogies, Polish Boys, and paczki introduced by its long-standing generations of Eastern European immigrants. To make the most of Cleveland's food scene, expect to spend 15 on a meal at an inexpensive restaurant without appetizers and alcohol. Having dinner for two people at a mid-range restaurant will cost you $80 on average.
Cleveland Healthcare Costs
Healthcare will also take up a significant portion of your budget in Cleveland. MIT uses data from the Bureau of Labor Statistics and the Agency for Healthcare Research and Quality to determine the typical health expenditure for a single full-time working adult in Cleveland is $2,720 per year. A family of two adults and a child will increase up to $6,510 per year.
A basic utility bill, including electricity, heating, cooling, water, and garbage for a 915 sq ft apartment, averages $210.96 a month. You'll also need to get connected in Cleveland. The average utility bill plus Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) will increase the total monthly cost of utilities by approximately $68.60, totaling $279.56 a month. Remember to factor in a utility spike during winter months to stay warm on snowy days.
Fitness and Entertainment
If you enjoy staying fit, prepare to shell out another $26.73 on monthly gym membership fees in Cleveland. You can also save by looking for an apartment complex with an on-site fitness center or making the most of the city's Metro Parks trails. If your preferred type of entertainment is going to the movies, it will cost you about $12 per ticket without concession stand snacks.
Other Expenses to Consider in Cleveland
Although Cleveland ranks as one of the least expensive cities in the country to live in, grocery costs tend to be higher than you might expect. Costs rank at 96.1 out of the national average of 100. Of course, you can save at discount grocers like Aldi's or the bodegas and delis around Cleveland.
What Salary Do I Need to Live in Cleveland?
Now that you have a sense of what everything costs in Cleveland, it's helpful to know what kind of salary provides a comfortable lifestyle. When you use the 30% rule, you can get a rough estimate of the salary needed to rent an apartment in Cleveland without breaking the bank. If you're trying to keep costs low, neighborhoods on the city's outskirts or finding a roommate help reduce costs on rent.
- If you are renting an average-priced 1-bedroom apartment in Cleveland, your annual salary should be around $26,000 or higher.
- If you are renting an average-priced 2-bedroom apartment in Cleveland, your annual salary should be around $33,160 or higher.
Have trouble settling on how much rent you can afford living in Cleveland? Try using a rent calculator.
You've got plenty of info to figure out Cleveland's cost of living and begin your apartment hunt. Start your next Cleveland apartment search today with this quiz! If you're looking to save even more on rent, check out our round-up of cheap apartments in Cleveland.
FAQs: Cost of Living in Cleveland
How expensive is an apartment in Cleveland?
A one bedroom apartment in Cleveland costs $650. A two bedroom apartment in Cleveland costs $829.
What is the cheapest rent in Cleveland?
A one bedroom apartment is the cheapest rent you can get in Cleveland, with the median rent sitting at $650. The average rent for a two bedroom apartment in Cleveland is higher at $829.
How expensive is it to live in Cleveland?
Living in Cleveland is relatively expensive. In Cleveland, rent averages $650 for a one bedroom apartment. Transportation costs in Cleveland amount to $5,149 a year. Food costs $3,246 a year on average for a single resident of Cleveland.
How far is Cleveland from Chicago?
Cleveland is 344.2 miles away from Chicago. It takes 5 hours and 24 minutes to get to Chicago from Cleveland by car, 31 hours by bike, and 110 hours by foot.
What is the population of Cleveland?
The population of Cleveland is 372,624. It is the most populated city in the state of Ohio.
What is a good salary in Cleveland?
The recommended salary in Cleveland is $2,166.67 per month or $26,000 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $650.